https://www.taxtmi.com/caselaws?id=445131 CESTAT New Delhi held that re-imported goods exported for exhibition or consignment within six months qualify for exemption under Notification No.45/2017. The tribunal found no supply of goods occurred as ownership remained with the appellant, and no consideration was paid upon re-import. The court applied the principle that one cannot sell to oneself, extending this to supply transactions. While confirming duty liability for one bill of entry, CESTAT set aside penalty imposition due to lack of evidence showing intent to evade customs duty. Appeal was partly allowed. en-us Tue, 31 Oct 2023 00:00:00 +0530 Thu, 04 Apr 2024 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445131 CESTAT New Delhi held that re-imported goods exported for exhibition or consignment within six months qualify for exemption under Notification No.45/2017. The tribunal found no supply of goods occurred as ownership remained with the appellant, and no consideration was paid upon re-import. The court applied the principle that one cannot sell to oneself, extending this to supply transactions. While confirming duty liability for one bill of entry, CESTAT set aside penalty imposition due to lack of evidence showing intent to evade customs duty. Appeal was partly allowed. Case-Laws Customs Tue, 31 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445131