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<h1>Tribunal rules import of watch cases without components not subject to penalties</h1> The Tribunal ruled in favor of the respondents, stating that the import of watch cases without certain components did not warrant confiscation or ... Import - Special Licence The case involved the import of watch cases by M/s. National Trading Co. without certain components. The Tribunal ruled in favor of the respondents, stating that the import of only parts of watch cases, without the required ring, did not warrant confiscation or penalties. The appeals filed by the Revenue were rejected.
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