https://www.taxtmi.com/caselaws?id=30446 Imported spares were held eligible for concessional assessment under Heading 98.01 as project imports where the project was still incomplete, the spares were imported within the permissible 10% limit of project value, and they were referable to the contractual obligation to support trial operation and cure defects. The provision was construed liberally to cover spares, raw materials and consumables essential for maintenance, and there was no rule that all project-import items had to arrive with the initial consignment. The denial of benefit was found unsupported by proper consideration of the project contract and the authorities relied on, rendering the demand unsustainable. en-us Tue, 11 Mar 2008 00:00:00 +0530 Thu, 28 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30446 Imported spares were held eligible for concessional assessment under Heading 98.01 as project imports where the project was still incomplete, the spares were imported within the permissible 10% limit of project value, and they were referable to the contractual obligation to support trial operation and cure defects. The provision was construed liberally to cover spares, raw materials and consumables essential for maintenance, and there was no rule that all project-import items had to arrive with the initial consignment. The denial of benefit was found unsupported by proper consideration of the project contract and the authorities relied on, rendering the demand unsustainable. Case-Laws Customs Tue, 11 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30446