https://www.taxtmi.com/caselaws?id=115573 Imported vessels for breaking up were assessed on their condition at the time of importation, and their intended post-importation scrapping did not change that character. The exemption notification covered ocean-going vessels and did not exclude vessels merely because they were old, used, or proposed to be broken up. The operative test was the nature of the goods on entry into the country, not their later use or disposal. On that basis, the vessels remained within the exemption and were not liable to countervailing duty. en-us Tue, 12 Jul 2005 00:00:00 +0530 Thu, 31 May 2012 11:38:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115573 Imported vessels for breaking up were assessed on their condition at the time of importation, and their intended post-importation scrapping did not change that character. The exemption notification covered ocean-going vessels and did not exclude vessels merely because they were old, used, or proposed to be broken up. The operative test was the nature of the goods on entry into the country, not their later use or disposal. On that basis, the vessels remained within the exemption and were not liable to countervailing duty. Case-Laws Central Excise Tue, 12 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115573