2001 (5) TMI 292 - AT - Customs

Summary

The case involves an application for waiver of deposit of duty of Rs. 25,38,340 on the import of a ruby laser claimed to be a surgical laser. The Assistant Commissioner denied the exemption based on the definition of surgery, while the applicant's counsel cited sources supporting the laser's medical use. The Tribunal accepted the offer to continue a bank guarantee for half the duty amount, waived the deposit, and stayed the duty recovery during the appeal.