https://www.taxtmi.com/caselaws?id=34735 A composite gas suppression system imported under a valid EPCG licence was treated as capital goods for Notification No. 97/2004-Cus., and Customs could not isolate the gas component to deny the exemption by calling it a consumable. The analysis noted that the EPCG licence had been issued after scrutiny, the import was assessed as a single system, and the Foreign Trade Policy definition of capital goods was wide enough to include equipment used for rendering services. The essential-character rule for composite goods supported classification of the system as presented, with the gas forming an integral part of the whole. en-us Wed, 25 Feb 2009 00:00:00 +0530 Tue, 13 Oct 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34735 A composite gas suppression system imported under a valid EPCG licence was treated as capital goods for Notification No. 97/2004-Cus., and Customs could not isolate the gas component to deny the exemption by calling it a consumable. The analysis noted that the EPCG licence had been issued after scrutiny, the import was assessed as a single system, and the Foreign Trade Policy definition of capital goods was wide enough to include equipment used for rendering services. The essential-character rule for composite goods supported classification of the system as presented, with the gas forming an integral part of the whole. Case-Laws Customs Wed, 25 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34735