https://www.taxtmi.com/caselaws?id=767469 Imported work rolls for rolling mills are treated as capital goods, not mere spare parts, because the tariff classification places them separately and the policy definition is wide enough to cover them. On that basis, full utilisation of SHIS scrip benefit under Notification No. 104/2009-Customs was held allowable. A bona fide interpretational dispute, especially where conflicting tribunal views existed on the same question, was held insufficient to establish suppression for invoking the extended limitation period, so the extended-period demand was unsustainable. The order confirming demand was set aside with consequential relief. en-us Wed, 11 Dec 2024 00:00:00 +0530 Wed, 19 Mar 2025 06:45:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767469 Imported work rolls for rolling mills are treated as capital goods, not mere spare parts, because the tariff classification places them separately and the policy definition is wide enough to cover them. On that basis, full utilisation of SHIS scrip benefit under Notification No. 104/2009-Customs was held allowable. A bona fide interpretational dispute, especially where conflicting tribunal views existed on the same question, was held insufficient to establish suppression for invoking the extended limitation period, so the extended-period demand was unsustainable. The order confirming demand was set aside with consequential relief. Case-Laws Customs Wed, 11 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767469