https://www.taxtmi.com/caselaws?id=31972 The Appellate Tribunal CESTAT MUMBAI ruled in favor of M/s. Prince Marine Transport Services in a case involving the importation of an old barge into India. The tribunal determined that the vessel was less than 25 years old, contradicting customs authorities' belief, leading to the setting aside of confiscation and penalties imposed. The tribunal also addressed the discrepancy in the vessel's year of manufacture, ultimately deciding in favor of the importer based on the builder's certificate and surveyor's report. The technical clearance requirement for vessels over 25 years old was found not to be breached, resulting in the favorable outcome for the importer. en-us Thu, 17 Jul 2008 00:00:00 +0530 Sat, 03 Jan 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31972 The Appellate Tribunal CESTAT MUMBAI ruled in favor of M/s. Prince Marine Transport Services in a case involving the importation of an old barge into India. The tribunal determined that the vessel was less than 25 years old, contradicting customs authorities' belief, leading to the setting aside of confiscation and penalties imposed. The tribunal also addressed the discrepancy in the vessel's year of manufacture, ultimately deciding in favor of the importer based on the builder's certificate and surveyor's report. The technical clearance requirement for vessels over 25 years old was found not to be breached, resulting in the favorable outcome for the importer. Case-Laws Customs Thu, 17 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31972