1996 (9) TMI 433

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... : V.P. Gulati, Vice President]. The Revenue is in appeal against the order of the learned lower appellate authority under which the respondents have given the benefit of concessional assessment as 50% of the CIF value of the goods. The learned Collector (Appeals) has allowed the benefit under Notification No. 160/92. 2. The learned SDR has pleaded that the goods were originally imported in .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s duty with the prior approval of the Government of India in the Department of Revenue. 2. He concedes that the clearances of the goods in terms of this proviso has been made in as much as the appellants were issued a licence by EPCG scheme for importation of the same. He has pleaded that since the relevant time is the date of clearance of the goods which occured in 1994 the benefit of notifica .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... een affirmed by the Tribunal in the case of Collector of Customs v. Ajanta Offset Packaging Ltd. reported in 1991 (56) E.L.T. 771. The facts of this case he pleaded are that the machinery had been imported for exhibition and subsequently the machinery were allowed for home consumption and in the meantime after the importation of the same the exemption notification came to be issued. The Tribunal h .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X