https://www.taxtmi.com/caselaws?id=116769 The importability of H.P. Grade/Super Precision bearings turned on whether they were covered by Open General Licence under the prevailing Import Policy. Relying on the DGTD clarification, the Tribunal treated SN UP (Ultra Precision) bearings for the machine tool industry as permissible imports subject to policy conditions, and considered the later clarification relevant to that issue. On that basis, and in light of the earlier remand order, it held the goods were not prohibited imports. The confiscation was therefore set aside. en-us Thu, 08 Dec 2005 00:00:00 +0530 Sat, 16 Jun 2012 15:16:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116769 The importability of H.P. Grade/Super Precision bearings turned on whether they were covered by Open General Licence under the prevailing Import Policy. Relying on the DGTD clarification, the Tribunal treated SN UP (Ultra Precision) bearings for the machine tool industry as permissible imports subject to policy conditions, and considered the later clarification relevant to that issue. On that basis, and in light of the earlier remand order, it held the goods were not prohibited imports. The confiscation was therefore set aside. Case-Laws Central Excise Thu, 08 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116769