https://www.taxtmi.com/caselaws?id=35227 The Court dismissed the civil miscellaneous appeal, upholding the Customs Tribunal and Commissioner's decision. The case involved the importation of a drill ship for oil well drilling operations under a customs exemption. The Court found no violation of exemption conditions due to the accidental immersion of a part of the ship in the sea. It was determined that the absence of insurance for the benefit of the Notification did not invalidate the exemption. The appeal lacked merit as there was no evidence of diversion of the immersed part for another purpose. en-us Mon, 11 Jan 2010 00:00:00 +0530 Sun, 08 May 2011 13:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35227 The Court dismissed the civil miscellaneous appeal, upholding the Customs Tribunal and Commissioner's decision. The case involved the importation of a drill ship for oil well drilling operations under a customs exemption. The Court found no violation of exemption conditions due to the accidental immersion of a part of the ship in the sea. It was determined that the absence of insurance for the benefit of the Notification did not invalidate the exemption. The appeal lacked merit as there was no evidence of diversion of the immersed part for another purpose. Case-Laws Customs Mon, 11 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35227