https://www.taxtmi.com/caselaws?id=80011 The Tribunal set aside the order of confiscation and redemption fine imposed on imported machinery by appellants in a Free Trade Zone for export production of cosmetics. It held that units in Free Trade Zones are governed by the Open General Licence (OGL) in Appendix 21, allowing import of goods for production purposes without being bound by the restrictions of Appendices 2 and 10. The Tribunal emphasized that as long as the Development Commissioner approved the machinery for export production, it fell under Appendix 21, leading to the dismissal of the Collector's order and granting relief to the appellants. en-us Mon, 30 Jan 1989 00:00:00 +0530 Mon, 13 Jun 2011 19:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80011 The Tribunal set aside the order of confiscation and redemption fine imposed on imported machinery by appellants in a Free Trade Zone for export production of cosmetics. It held that units in Free Trade Zones are governed by the Open General Licence (OGL) in Appendix 21, allowing import of goods for production purposes without being bound by the restrictions of Appendices 2 and 10. The Tribunal emphasized that as long as the Development Commissioner approved the machinery for export production, it fell under Appendix 21, leading to the dismissal of the Collector's order and granting relief to the appellants. Case-Laws Customs Mon, 30 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80011