https://www.taxtmi.com/caselaws?id=799827 Thermic fluids initially charged into a Continuous Polycondensation plant qualify as capital goods for customs-duty exemption where they are functionally integrated with and indispensable to manufacturing operations. The Foreign Trade Policy capital-goods definition covers plant, machinery, equipment, accessories and specified articles required for initial charge, including items required directly or indirectly for manufacture. Continuous closed-loop circulation of the fluids supplies precise high-temperature heat while maintaining low pressure, supporting their capital-goods character. Classification as chemical inputs under Standard Input Output Norms does not displace that character. en-us Thu, 24 Sep 2026 00:00:00 +0530 Mon, 28 Sep 2026 08:12:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799827 Thermic fluids initially charged into a Continuous Polycondensation plant qualify as capital goods for customs-duty exemption where they are functionally integrated with and indispensable to manufacturing operations. The Foreign Trade Policy capital-goods definition covers plant, machinery, equipment, accessories and specified articles required for initial charge, including items required directly or indirectly for manufacture. Continuous closed-loop circulation of the fluids supplies precise high-temperature heat while maintaining low pressure, supporting their capital-goods character. Classification as chemical inputs under Standard Input Output Norms does not displace that character. Case-Laws Customs Thu, 24 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799827