https://www.taxtmi.com/caselaws?id=446562 CESTAT Hyderabad allowed the appeal regarding exemption under Notification No. 6/2006-CE for goods supplied against International Competitive Bidding. The revenue denied exemption claiming Project Authority Certificates were not issued by the prescribed authority (Chairman and Managing Director of NTPC) as required under Condition No. 86(b) of Serial No. 400 of Customs Notification No. 21/2002-Cus. The tribunal held that supplies made by appellants through sub-contractor via main contractor BHEL met all stipulated criteria for Mega Power Projects. The exemption was available for domestically procured goods supplied against ICB, without requiring specific certificate signing by PSU Chairman. No duty was leviable on clearances made to these projects, and consequently no penalty was imposable on appellants. en-us Tue, 05 Dec 2023 00:00:00 +0530 Thu, 07 Dec 2023 07:17:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446562 CESTAT Hyderabad allowed the appeal regarding exemption under Notification No. 6/2006-CE for goods supplied against International Competitive Bidding. The revenue denied exemption claiming Project Authority Certificates were not issued by the prescribed authority (Chairman and Managing Director of NTPC) as required under Condition No. 86(b) of Serial No. 400 of Customs Notification No. 21/2002-Cus. The tribunal held that supplies made by appellants through sub-contractor via main contractor BHEL met all stipulated criteria for Mega Power Projects. The exemption was available for domestically procured goods supplied against ICB, without requiring specific certificate signing by PSU Chairman. No duty was leviable on clearances made to these projects, and consequently no penalty was imposable on appellants. Case-Laws Central Excise Tue, 05 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446562