https://www.taxtmi.com/caselaws?id=75105 Under the project import scheme, a fertiliser unit's substantial expansion was treated as a composite project, so an imported Steam Turbine claimed as an integral project item could not be isolated and reclassified as a separate captive power plant. The sponsoring Ministry's essentiality certificate is a material basis for determining eligibility, and once the item is shown as capital goods required for the project, customs authorities cannot dissect the project approval to deny exemption on a different footing. The commentary concludes that a revenue-oriented refusal is inconsistent with the project-import framework and that the project import exemption was available. en-us Fri, 25 Jul 2008 00:00:00 +0530 Wed, 24 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75105 Under the project import scheme, a fertiliser unit's substantial expansion was treated as a composite project, so an imported Steam Turbine claimed as an integral project item could not be isolated and reclassified as a separate captive power plant. The sponsoring Ministry's essentiality certificate is a material basis for determining eligibility, and once the item is shown as capital goods required for the project, customs authorities cannot dissect the project approval to deny exemption on a different footing. The commentary concludes that a revenue-oriented refusal is inconsistent with the project-import framework and that the project import exemption was available. Case-Laws Customs Fri, 25 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75105