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2000 (10) TMI 363

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..... the Appellant. Shri A. Ashokan, JDR, for the Respondents. [Order per : Gowri Shankar, Member (T)]. -  The appeal is taken up for disposal after waiving deposit. 2. The appellant imported and installed two turbines for generation of electricity required for the manufacture of chemicals which it exported. It was granted exemption from import duty in terms of notification 111/95. This n .....

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..... newly imported turbine in addition to the obligation already incurred on the old turbine which it replaced. 4. An order dated 11-10-1999 was issued by the Assistant Commissioner of Customs, calling upon the appellants to pay in terms of the bond executed as per the notification, the amount of duty on the turbine which was sent back on the grounds that the terms of the notification has not b .....

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..... d goods with a condition that the export product shall be manufactured out of the capital goods imported under the specified export promotion capital goods licence. The appellant was also required to submit proof of installation of machinery within the stipulated time frame. However, the appellant failed to comply with the conditions stipulated in notification No. 111/95-Cus. dated 5-6-1995. In vi .....

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