https://www.taxtmi.com/caselaws?id=464279 The Delhi HC held that the ITAT correctly cancelled the addition for customs duty paid on imported components meant for export, even though export had not occurred by year-end, and also correctly cancelled the addition for customs duty reflected in closing inventory. The Court further upheld the finding that sales tax exemption received from the Government of Haryana was capital in nature. Relying on the connected decision delivered the same day, the framed questions of law were answered against the Revenue and the Tribunal's view was sustained. en-us Thu, 07 Dec 2017 00:00:00 +0530 Wed, 15 Oct 2025 20:49:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464279 The Delhi HC held that the ITAT correctly cancelled the addition for customs duty paid on imported components meant for export, even though export had not occurred by year-end, and also correctly cancelled the addition for customs duty reflected in closing inventory. The Court further upheld the finding that sales tax exemption received from the Government of Haryana was capital in nature. Relying on the connected decision delivered the same day, the framed questions of law were answered against the Revenue and the Tribunal's view was sustained. Case-Laws Income Tax Thu, 07 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464279