https://www.taxtmi.com/caselaws?id=167447 Project import assessment under Heading 84.66 was held available for machinery imported to set up a cassette pre-recording and duplication unit. The Tribunal relied on an earlier Madras High Court ruling recognising project import benefit for equipment used in a film processing laboratory and treated that precedent as governing the dispute. It rejected the departmental objection that the activity was not an industrial plant or industrial activity, noting there was no contrary decision of the Supreme Court or another High Court. The denial of concessional assessment was therefore set aside in favour of the assessee. en-us Tue, 04 Jun 1985 00:00:00 +0530 Sat, 20 Dec 2014 11:39:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167447 Project import assessment under Heading 84.66 was held available for machinery imported to set up a cassette pre-recording and duplication unit. The Tribunal relied on an earlier Madras High Court ruling recognising project import benefit for equipment used in a film processing laboratory and treated that precedent as governing the dispute. It rejected the departmental objection that the activity was not an industrial plant or industrial activity, noting there was no contrary decision of the Supreme Court or another High Court. The denial of concessional assessment was therefore set aside in favour of the assessee. Case-Laws Customs Tue, 04 Jun 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167447