https://www.taxtmi.com/caselaws?id=208173 The Tribunal ruled in favor of the appellants, setting aside the customs duty demand, penalties, and confiscation of goods. It held that the benefit of Notification No. 38/96-Cus for the import of Chinese raw silk could not be denied based on the Memo of Understanding (MoU) between India and China or circulars from the Central Board of Excise and Customs. The Tribunal emphasized that the conditions of the notification were met, and the MoU did not have the force of law to restrict import benefits. Circulars and instructions from CBEC could not override the explicit terms of the notification. en-us Fri, 21 Oct 2011 00:00:00 +0530 Fri, 31 Aug 2012 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208173 The Tribunal ruled in favor of the appellants, setting aside the customs duty demand, penalties, and confiscation of goods. It held that the benefit of Notification No. 38/96-Cus for the import of Chinese raw silk could not be denied based on the Memo of Understanding (MoU) between India and China or circulars from the Central Board of Excise and Customs. The Tribunal emphasized that the conditions of the notification were met, and the MoU did not have the force of law to restrict import benefits. Circulars and instructions from CBEC could not override the explicit terms of the notification. Case-Laws Customs Fri, 21 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208173