https://www.taxtmi.com/caselaws?id=334657 Imported project goods that were bona fide brought into the factory for intended manufacture, installed, and used for more than two years could not be denied assessment under Heading 98.01 merely because the plant was later sold after becoming unviable. The absence of any express restriction in Notification No. 132/85, the Project Import Regulations, 1986, or Heading 98.01 meant that post-use sale did not defeat project-import treatment. The cited precedent on non-use of imported goods was distinguished because the goods here were actually put to their intended use. The demand was therefore unsustainable. en-us Fri, 21 Oct 2016 00:00:00 +0530 Thu, 06 Apr 2017 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334657 Imported project goods that were bona fide brought into the factory for intended manufacture, installed, and used for more than two years could not be denied assessment under Heading 98.01 merely because the plant was later sold after becoming unviable. The absence of any express restriction in Notification No. 132/85, the Project Import Regulations, 1986, or Heading 98.01 meant that post-use sale did not defeat project-import treatment. The cited precedent on non-use of imported goods was distinguished because the goods here were actually put to their intended use. The demand was therefore unsustainable. Case-Laws Customs Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334657