https://www.taxtmi.com/caselaws?id=271432 An export-oriented unit that re-imported defective goods for repair and later re-exported them was entitled to the substantive customs exemption available under the applicable duty-free scheme, because the requisite bond formalities were completed and the goods were ultimately re-exported. The Tribunal held that benefit could not be denied merely because the unit had initially claimed a different exemption notification at the time of re-import, as the correct exemption was otherwise satisfied on the admitted facts. A demand raised on the basis of the initial notification choice and alleged delay in re-export was therefore unsustainable, and the denial of exemption was set aside. en-us Wed, 30 Dec 2015 00:00:00 +0530 Tue, 18 Oct 2016 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271432 An export-oriented unit that re-imported defective goods for repair and later re-exported them was entitled to the substantive customs exemption available under the applicable duty-free scheme, because the requisite bond formalities were completed and the goods were ultimately re-exported. The Tribunal held that benefit could not be denied merely because the unit had initially claimed a different exemption notification at the time of re-import, as the correct exemption was otherwise satisfied on the admitted facts. A demand raised on the basis of the initial notification choice and alleged delay in re-export was therefore unsustainable, and the denial of exemption was set aside. Case-Laws Customs Wed, 30 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271432