https://www.taxtmi.com/caselaws?id=53907 The Tribunal ruled that two gantry cranes imported under a concessional rate of duty were not entitled to the benefits of Notification No. 110/95-Cus as they were not considered capital goods and were not used for production. Consequently, the cranes were found ineligible for the concessional duty, leading to the payment of normal duty. As a result, the Tribunal set aside the confiscation of the cranes and the imposition of fines and penalties, thereby absolving the appellant of any liability in this regard. en-us Tue, 18 Jan 2005 00:00:00 +0530 Fri, 15 Oct 2010 17:55:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53907 The Tribunal ruled that two gantry cranes imported under a concessional rate of duty were not entitled to the benefits of Notification No. 110/95-Cus as they were not considered capital goods and were not used for production. Consequently, the cranes were found ineligible for the concessional duty, leading to the payment of normal duty. As a result, the Tribunal set aside the confiscation of the cranes and the imposition of fines and penalties, thereby absolving the appellant of any liability in this regard. Case-Laws Customs Tue, 18 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53907