https://www.taxtmi.com/caselaws?id=356425 The Tribunal dismissed the Revenue's appeal and allowed the assesse's appeal in a case concerning the transshipment of ship stores from a damaged vessel to a newly built vessel. The Tribunal held that the duty demand on the transferred ship stores was not justified as the new vessel eventually undertook a foreign voyage and consumed the stores onboard. By aligning with the provisions of the Customs Act, 1962, and citing relevant judgments, the Tribunal set aside the duty demand, upholding the decision of the Ld. Commissioner (Appeals) to partly allow the appeal by the assesse. en-us Wed, 28 Feb 2018 00:00:00 +0530 Tue, 19 Mar 2019 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356425 The Tribunal dismissed the Revenue's appeal and allowed the assesse's appeal in a case concerning the transshipment of ship stores from a damaged vessel to a newly built vessel. The Tribunal held that the duty demand on the transferred ship stores was not justified as the new vessel eventually undertook a foreign voyage and consumed the stores onboard. By aligning with the provisions of the Customs Act, 1962, and citing relevant judgments, the Tribunal set aside the duty demand, upholding the decision of the Ld. Commissioner (Appeals) to partly allow the appeal by the assesse. Case-Laws Customs Wed, 28 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356425