Capital goods classification of sintex storage tanks permits exemption for free trade zone and EOU procurements. Sintex storage tanks used for storage of water required in the latex foam manufacturing process are treated as capital goods and, when procured from the Domestic Tariff Area for that purpose, are eligible for exemption under the notifications applicable to free trade zones and export oriented units.
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Provisions expressly mentioned in the judgment/order text.
Capital goods classification of sintex storage tanks permits exemption for free trade zone and EOU procurements.
Sintex storage tanks used for storage of water required in the latex foam manufacturing process are treated as capital goods and, when procured from the Domestic Tariff Area for that purpose, are eligible for exemption under the notifications applicable to free trade zones and export oriented units.
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