https://www.taxtmi.com/caselaws?id=345862 The Court set aside the Orders-in-Original denying exemption from basic Customs Duty and imposing counter veiling duty on Circular Knitting Machines, ruling that the machines are essential capital goods for garment manufacturing. The judgment emphasized interpreting "capital goods" broadly to cover machinery necessary for garment production, ensuring manufacturers benefit from relevant notifications. en-us Tue, 18 Jul 2017 00:00:00 +0530 Sat, 29 Jul 2017 07:13:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345862 The Court set aside the Orders-in-Original denying exemption from basic Customs Duty and imposing counter veiling duty on Circular Knitting Machines, ruling that the machines are essential capital goods for garment manufacturing. The judgment emphasized interpreting "capital goods" broadly to cover machinery necessary for garment production, ensuring manufacturers benefit from relevant notifications. Case-Laws Customs Tue, 18 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345862