https://www.taxtmi.com/caselaws?id=772582 Under the Target Plus Scheme, import of freely importable inputs for the importer's own use was permissible where a broad commercial nexus existed with the relevant product group, and physical incorporation into the exported product was not mandatory. Applying that interpretation, the imported PP/PE granules used in the assessee's manufacturing activity were held to qualify for the scheme, especially as the original authority had accepted the explanation and the Revenue produced no material to dislodge that finding. As the substantive benefit was correctly extended, penalty proceedings that depended entirely on the alleged main violation could not be sustained and were dropped. en-us Mon, 09 Jun 2025 00:00:00 +0530 Mon, 09 Jun 2025 17:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772582 Under the Target Plus Scheme, import of freely importable inputs for the importer's own use was permissible where a broad commercial nexus existed with the relevant product group, and physical incorporation into the exported product was not mandatory. Applying that interpretation, the imported PP/PE granules used in the assessee's manufacturing activity were held to qualify for the scheme, especially as the original authority had accepted the explanation and the Revenue produced no material to dislodge that finding. As the substantive benefit was correctly extended, penalty proceedings that depended entirely on the alleged main violation could not be sustained and were dropped. Case-Laws Customs Mon, 09 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772582