TMI Blog1998 (7) TMI 105X X X X Extracts X X X X X X X X Extracts X X X X ..... of export promotion capital goods scheme providing 'zero duty' under Notification 111/95, dated 5-6-1995 and obtained an import licence to import plant and machinery worth Rs. 21 crores. It's licence was valid for 24 months and was later extended up to 6-8-1998. 2. Appellant imported plant and machinery worth Rs. 13 crores in 1995-96 without paying any Customs duty. Later it seems it imported re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tries for clearance of goods and the machinery imported, therefore, could not be assessed. Instead of awaiting for such assessment against which appellant had an alternative remedy under the Customs Act a writ petition was filed to forestall assessment. 5. Upon this writ Court rejected appellant's writ petition declaring it as premature as no assessment was passed by the Customs authorities in ..... X X X X Extracts X X X X X X X X Extracts X X X X
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