https://www.taxtmi.com/caselaws?id=188433 An importer's entitlement to exemption under Notification No. 203/92-Cus. depended on compliance with the Modvat credit condition. The first appellate authority accepted documentary proof, including a chartered accountant's certificate and an original certificate from the Superintendent of Central Excise, showing that no Modvat credit had been availed in respect of the imported goods. As the Revenue did not rebut that evidence, and verification had been left open, the Tribunal found no basis to disturb the accepted finding of compliance. The exemption was therefore sustained and the Revenue's challenge failed. en-us Wed, 27 May 2015 00:00:00 +0530 Thu, 01 Dec 2016 10:20:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188433 An importer's entitlement to exemption under Notification No. 203/92-Cus. depended on compliance with the Modvat credit condition. The first appellate authority accepted documentary proof, including a chartered accountant's certificate and an original certificate from the Superintendent of Central Excise, showing that no Modvat credit had been availed in respect of the imported goods. As the Revenue did not rebut that evidence, and verification had been left open, the Tribunal found no basis to disturb the accepted finding of compliance. The exemption was therefore sustained and the Revenue's challenge failed. Case-Laws Customs Wed, 27 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188433