https://www.taxtmi.com/caselaws?id=338824 The High Court ruled in favor of the Revenue, upholding the appeal and finding the party responsible for ship breaking liable to pay customs duty as per Notification No.163/65Cus. The Court addressed issues related to vessel importation, central excise duty exemption for ship breaking, validity of additional customs duty on ships, and exemption of customs duty on imported parts for ship construction. The decision aligned with previous interpretations, settling the disputes and affirming customs duty liability and duty exemptions. en-us Wed, 08 Feb 2017 00:00:00 +0530 Thu, 24 Aug 2017 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338824 The High Court ruled in favor of the Revenue, upholding the appeal and finding the party responsible for ship breaking liable to pay customs duty as per Notification No.163/65Cus. The Court addressed issues related to vessel importation, central excise duty exemption for ship breaking, validity of additional customs duty on ships, and exemption of customs duty on imported parts for ship construction. The decision aligned with previous interpretations, settling the disputes and affirming customs duty liability and duty exemptions. Case-Laws Customs Wed, 08 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338824