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Customs - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Import of goods in replacement under Long Term Assured Parts ...

Case Laws     Customs

November 3, 2015

Import of goods in replacement under Long Term Assured Parts Supply Agreement (LTAPSA) - once authorities are satisfied that the impugned goods are required for renovation, the customs department does not need to go deep into the matter and by hairsplitting and semantic niceties deny the benefit of the exemption notification. - SC

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