https://www.taxtmi.com/caselaws?id=220311 The Tribunal held that the appellant is liable to pay customs duty on the vessel M.V. Jagat Priya when it was brought for breaking up. The vessel's Indian origin and previous excise duty payment were deemed irrelevant, and the appellant, as the purchaser deciding to break up the vessel, was considered the importer under the Customs Act. The auction sale terms did not absolve the appellant of duty liability, and legal precedents cited were found inapplicable. The duty liability was upheld based on Section 20 of the Customs Act, 1962, and Notification No. 133/87-Cus, resulting in the rejection of the appeals. en-us Mon, 06 Aug 2012 00:00:00 +0530 Thu, 17 Jan 2013 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220311 The Tribunal held that the appellant is liable to pay customs duty on the vessel M.V. Jagat Priya when it was brought for breaking up. The vessel's Indian origin and previous excise duty payment were deemed irrelevant, and the appellant, as the purchaser deciding to break up the vessel, was considered the importer under the Customs Act. The auction sale terms did not absolve the appellant of duty liability, and legal precedents cited were found inapplicable. The duty liability was upheld based on Section 20 of the Customs Act, 1962, and Notification No. 133/87-Cus, resulting in the rejection of the appeals. Case-Laws Customs Mon, 06 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220311