https://www.taxtmi.com/caselaws?id=43683 The court ruled in favor of the petitioner, a leading manufacturer of Quartz Analog watches, in a case concerning the interpretation and application of Exemption Notification No. 45/85-Customs. The court held that the Certificates issued by the Directorate General of Technical Development (DGTD) should be respected, and Customs authorities cannot disregard them without evidence of fraud or mistake. It was determined that machines need not be exclusively used for watch production to qualify for concessional rates under the Notification. The court directed the respondents to honor the Certificates issued by the DGTD and grant the petitioner the benefits of the Notification if they comply with the specified conditions. en-us Tue, 01 Jun 1993 00:00:00 +0530 Sat, 19 Jun 2010 13:45:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43683 The court ruled in favor of the petitioner, a leading manufacturer of Quartz Analog watches, in a case concerning the interpretation and application of Exemption Notification No. 45/85-Customs. The court held that the Certificates issued by the Directorate General of Technical Development (DGTD) should be respected, and Customs authorities cannot disregard them without evidence of fraud or mistake. It was determined that machines need not be exclusively used for watch production to qualify for concessional rates under the Notification. The court directed the respondents to honor the Certificates issued by the DGTD and grant the petitioner the benefits of the Notification if they comply with the specified conditions. Case-Laws Customs Tue, 01 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43683