https://www.taxtmi.com/highlights?id=75501 Classification of goods - benefit of exemption - Import of Flexi tanks - containers of durable nature - The CESTAT observed that the term 'durable' encompasses the endurance capability of a product and is not solely based on its capacity for reuse. They observed that durability is a relative term and should be determined based on the materials used and the intended purpose of the product. Therefore, they opined that the issue needed to be re-examined by considering the factual matrix and technical literature. - Consequently, the Tribunal remanded the matter to the adjudicating authority for further consideration. en-us Fri, 08 Mar 2024 11:50:13 +0530 Fri, 08 Mar 2024 11:50:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75501 Classification of goods - benefit of exemption - Import of Flexi tanks - containers of durable nature - The CESTAT observed that the term 'durable' encompasses the endurance capability of a product and is not solely based on its capacity for reuse. They observed that durability is a relative term and should be determined based on the materials used and the intended purpose of the product. Therefore, they opined that the issue needed to be re-examined by considering the factual matrix and technical literature. - Consequently, the Tribunal remanded the matter to the adjudicating authority for further consideration. Highlights Customs Fri, 08 Mar 2024 11:50:13 +0530 https://www.taxtmi.com/highlights?id=75501