https://www.taxtmi.com/caselaws?id=387773 The Tribunal classified the vessel "Mercury Focus" as goods, not a foreign-going vessel, due to entering Indian territorial waters for repairs. Non-declaration of the vessel and tug in the IGM led to misdeclaration and confiscation under the Customs Act. The exemption under Notification No.12/2012 was deemed applicable for the tug "MV Shunter." Valid amendments to the IGM were upheld, and penalties were reduced for various parties except M/s Focus Energy. Duty on ship stores and spares was upheld for the normal period. Overall, the appeals were partly allowed, with exemptions upheld and penalties reduced. en-us Tue, 29 Oct 2019 00:00:00 +0530 Fri, 01 Nov 2019 21:16:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387773 The Tribunal classified the vessel "Mercury Focus" as goods, not a foreign-going vessel, due to entering Indian territorial waters for repairs. Non-declaration of the vessel and tug in the IGM led to misdeclaration and confiscation under the Customs Act. The exemption under Notification No.12/2012 was deemed applicable for the tug "MV Shunter." Valid amendments to the IGM were upheld, and penalties were reduced for various parties except M/s Focus Energy. Duty on ship stores and spares was upheld for the normal period. Overall, the appeals were partly allowed, with exemptions upheld and penalties reduced. Case-Laws Customs Tue, 29 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387773