https://www.taxtmi.com/caselaws?id=271349 The Tribunal ruled in favor of the appellant in a case involving the importation of a CNC based Laser Drilling machine. The Tribunal held that the machine qualifies for benefits under the Open General License (OGL) based on a clarificatory letter from the Directorate General of Foreign Trade (DGFT) and rejected objections based on the Exim policy. Additionally, the Tribunal determined that the exemption for "ultrasonic or laser drilling machine" under Notification No. 159/86-Cus covers the imported CNC machine, applying the principle that generic descriptions encompass all variants. The Tribunal allowed the appeal, rejecting the Commissioner's denial of benefits. en-us Tue, 24 Nov 2015 00:00:00 +0530 Wed, 19 Oct 2016 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271349 The Tribunal ruled in favor of the appellant in a case involving the importation of a CNC based Laser Drilling machine. The Tribunal held that the machine qualifies for benefits under the Open General License (OGL) based on a clarificatory letter from the Directorate General of Foreign Trade (DGFT) and rejected objections based on the Exim policy. Additionally, the Tribunal determined that the exemption for "ultrasonic or laser drilling machine" under Notification No. 159/86-Cus covers the imported CNC machine, applying the principle that generic descriptions encompass all variants. The Tribunal allowed the appeal, rejecting the Commissioner's denial of benefits. Case-Laws Customs Tue, 24 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271349