https://www.taxtmi.com/caselaws?id=86193 Concessional assessment under Heading 98.01 applies only where imported machinery or equipment is shown to relate to a certified project or to substantial expansion under the Project Import Regulations, 1986. The regulations require proof of a certified project, substantial expansion increasing installed capacity by at least 25 per cent, and a qualifying functional link between the goods and the project. Because the record did not establish which project had been certified or that the transmission equipment formed part of a valid project import, the concessional benefit could not be sustained. The lower authority's order was set aside and the matter remitted for fresh adjudication after verification of project import eligibility. en-us Thu, 21 Nov 1996 00:00:00 +0530 Wed, 10 Aug 2011 17:18:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86193 Concessional assessment under Heading 98.01 applies only where imported machinery or equipment is shown to relate to a certified project or to substantial expansion under the Project Import Regulations, 1986. The regulations require proof of a certified project, substantial expansion increasing installed capacity by at least 25 per cent, and a qualifying functional link between the goods and the project. Because the record did not establish which project had been certified or that the transmission equipment formed part of a valid project import, the concessional benefit could not be sustained. The lower authority's order was set aside and the matter remitted for fresh adjudication after verification of project import eligibility. Case-Laws Customs Thu, 21 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86193