Tribunal grants project import benefits, waives pre-deposit and halts recovery

The Tribunal ruled in favor of the appellant, allowing project import benefits for an expansion in a unit, qualifying for concessional duty rates. The requirement of pre-deposit was waived, and the recovery of demanded amounts was halted. The case was set for a regular hearing on 14th April 2004.

---

---

The appeal dealt with the eligibility of project import benefits for an expansion in a unit. The Tribunal accepted the appellant's contention that substantial expansion in a unit is eligible for concessional duty rates. The condition of pre-deposit was dispensed with, and recovery of amounts under demand was stayed. The case was scheduled for regular hearing on 14th April, 2004.

---