https://www.taxtmi.com/caselaws?id=219297 The Tribunal deemed the show cause notice valid despite lacking the Development Commissioner's approval. Duty demands based on notifications coming into force after import/procurement were deemed unsustainable and set aside. The appellant was granted depreciation on capital goods and instructed duty calculation based on the depreciated value. The penalty issue was not explicitly addressed, requiring reconsideration. The impugned order was set aside, and the matter remanded for re-computation of duty demands in accordance with relevant laws at the time of import/procurement. Appeals were allowed for remand. en-us Tue, 17 Jan 2012 00:00:00 +0530 Mon, 10 Dec 2012 08:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219297 The Tribunal deemed the show cause notice valid despite lacking the Development Commissioner's approval. Duty demands based on notifications coming into force after import/procurement were deemed unsustainable and set aside. The appellant was granted depreciation on capital goods and instructed duty calculation based on the depreciated value. The penalty issue was not explicitly addressed, requiring reconsideration. The impugned order was set aside, and the matter remanded for re-computation of duty demands in accordance with relevant laws at the time of import/procurement. Appeals were allowed for remand. Case-Laws Customs Tue, 17 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219297