https://www.taxtmi.com/caselaws?id=43197 The Court ruled in favor of the petitioners, a partnership firm, allowing their claim for exemption under the notification for the import of High Density Polyethylene. The Court held that the exemption notification encompassed all polymerisation and copolymerisation products, including polyethylene, contrary to the Department's limited interpretation. The petitioners were granted relief regarding the exemption but denied other reliefs. The Department was authorized to enforce the bank guarantee for denied claims or recover the amount if the guarantee was inactive, with the bond related to the exemption claim to be discharged after four weeks. en-us Thu, 31 Oct 1991 00:00:00 +0530 Wed, 16 Jun 2010 17:03:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43197 The Court ruled in favor of the petitioners, a partnership firm, allowing their claim for exemption under the notification for the import of High Density Polyethylene. The Court held that the exemption notification encompassed all polymerisation and copolymerisation products, including polyethylene, contrary to the Department's limited interpretation. The petitioners were granted relief regarding the exemption but denied other reliefs. The Department was authorized to enforce the bank guarantee for denied claims or recover the amount if the guarantee was inactive, with the bond related to the exemption claim to be discharged after four weeks. Case-Laws Customs Thu, 31 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43197