https://www.taxtmi.com/caselaws?id=362672 The Court held that converting imported logs into Sawn Timber without loss of identity did not disqualify the importer from the exemption notification under the Customs Tariff Act, 1975. The Court dismissed the Revenue's appeals, upholding the decisions of the Customs, Excise and Service Tax Appellate Tribunal and the High Court. The Court ordered the return of bank guarantees deposited by the respondent(s) with interest and granted leave in certain civil appeals while condoning delays in specific cases. The dismissal of the appeals was based on a prior decision, and the Court reiterated the directive to return bank guarantees to the respondent(s) with applicable interest. en-us Tue, 24 Apr 2018 00:00:00 +0530 Sat, 30 Jun 2018 07:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362672 The Court held that converting imported logs into Sawn Timber without loss of identity did not disqualify the importer from the exemption notification under the Customs Tariff Act, 1975. The Court dismissed the Revenue's appeals, upholding the decisions of the Customs, Excise and Service Tax Appellate Tribunal and the High Court. The Court ordered the return of bank guarantees deposited by the respondent(s) with interest and granted leave in certain civil appeals while condoning delays in specific cases. The dismissal of the appeals was based on a prior decision, and the Court reiterated the directive to return bank guarantees to the respondent(s) with applicable interest. Case-Laws Customs Tue, 24 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362672