https://www.taxtmi.com/caselaws?id=46656 Imported die steel covered by a valid advance licence and exemption notification could not be denied duty-free clearance merely because it was used to make moulds rather than being directly incorporated in the export product. Once the licensing authority had granted the licence on the footing that the material was required for manufacture of the resultant export goods, Customs could not re-examine the licence entry or narrow the scope of the notification. The expression covering materials required for manufacture was wide enough to include the die steel, and treating it as capital goods outside the notification was unjustified. The assessee was therefore entitled to the exemption benefit. en-us Sat, 19 Apr 2003 00:00:00 +0530 Fri, 23 Jul 2010 11:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46656 Imported die steel covered by a valid advance licence and exemption notification could not be denied duty-free clearance merely because it was used to make moulds rather than being directly incorporated in the export product. Once the licensing authority had granted the licence on the footing that the material was required for manufacture of the resultant export goods, Customs could not re-examine the licence entry or narrow the scope of the notification. The expression covering materials required for manufacture was wide enough to include the die steel, and treating it as capital goods outside the notification was unjustified. The assessee was therefore entitled to the exemption benefit. Case-Laws Customs Sat, 19 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46656