Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Reassessment against a deceased assessee: procedural defect mandates fresh reassessment; nonresponsive petitioner may be treated as legal representati...
AAR held that concessional duty under Entry 527B of Notif. No. 50/2017-Cus is available for lithium-ion cells only when used in manufacture of battery or battery packs for electrically operated or hybrid motor vehicles, subject to strict compliance with the IGCR Rules, 2022. Cells used merely for replacement/repair under defects or warranty do not qualify as manufacture of a new product and are ineligible for exemption. Cells becoming obsolete and sold as scrap, or found defective and not issued to production, are treated as unutilized goods, attracting duty and interest under Rules 10 and 11 or requiring re-export or home clearance on payment of duty, with interest payable from date of import.
AAR held that concessional duty under Entry 527B of Notif. No. 50/2017-Cus is available for lithium-ion cells only when used in manufacture of battery or battery packs for electrically operated or hybrid motor vehicles, subject to strict compliance with the IGCR Rules, 2022. Cells used merely for replacement/repair under defects or warranty do not qualify as manufacture of a new product and are ineligible for exemption. Cells becoming obsolete and sold as scrap, or found defective and not issued to production, are treated as unutilized goods, attracting duty and interest under Rules 10 and 11 or requiring re-export or home clearance on payment of duty, with interest payable from date of import.
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