https://www.taxtmi.com/caselaws?id=95961 A single machine does not qualify as an "industrial plant" for Project Import benefit under the Project Imports Regulation, 1986 and Heading 9801.00; on the facts, the import was treated as one machine rather than the project package contemplated by the registration documents, so the claimed benefit was denied. Provisional customs assessment could be finalised under Section 18(2) of the Customs Act, 1962 without a mandatory bond requirement, because the statute did not make execution of a bond a precondition for provisional assessment or its finalisation; the challenge on that ground therefore failed. en-us Thu, 01 Mar 2001 00:00:00 +0530 Fri, 16 Dec 2011 12:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95961 A single machine does not qualify as an "industrial plant" for Project Import benefit under the Project Imports Regulation, 1986 and Heading 9801.00; on the facts, the import was treated as one machine rather than the project package contemplated by the registration documents, so the claimed benefit was denied. Provisional customs assessment could be finalised under Section 18(2) of the Customs Act, 1962 without a mandatory bond requirement, because the statute did not make execution of a bond a precondition for provisional assessment or its finalisation; the challenge on that ground therefore failed. Case-Laws Central Excise Thu, 01 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95961