1997 (11) TMI 211

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..... resident]. The issue in the appeal relates to grant of benefit of Notification 71/87. The benefit is available in respect of Joint Air Splicer along with Ancillary equipment for yarn splicing purpose. The respondents have imported only the Joint Air Splicer and not along with the ancillary equipment. 2. The Revenue seeks to read the description of the item as a whole and it has been urged .....

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..... ed in Table to the notification subject to certain conditions specified under the notification. The conditions are (1) machineries imported are to be new and No. (2) required export obligation as per condition-2 is fulfilled. The issue before us is only in respect of the condition in which the machine has been imported and the requirement of the export obligation are not the subject matter of the .....

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..... mported along with other equipments. In our view, when notification allows the benefit in respect of Air Splicer along with ancillary equipment for yarn splicing, what can be read from this is that Air Splicer is allowed the benefit and if ancillary equipment are also received with it, the benefit of notification would be given to the ancillary equipment also. Air Splicer is a standard item of equ .....

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