Capital goods classification: air-conditioners essential for manufacture by export-oriented units permitted duty-free under relevant notification. Air-conditioners required and necessary for the manufacture or production of goods by export-oriented manufacturing units are to be treated as Capital Goods and allowed duty-free clearance under the relevant excise notification; the Customs clarification on this point is to be applied mutatis mutandis to excise practice and an earlier inconsistent Board letter is modified accordingly.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Capital goods classification: air-conditioners essential for manufacture by export-oriented units permitted duty-free under relevant notification.
Air-conditioners required and necessary for the manufacture or production of goods by export-oriented manufacturing units are to be treated as Capital Goods and allowed duty-free clearance under the relevant excise notification; the Customs clarification on this point is to be applied mutatis mutandis to excise practice and an earlier inconsistent Board letter is modified accordingly.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
