1995 (9) TMI 165

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....Universal Machine Tool and one CNC Milling Machine with Electrical Equipment along with accessories totally valued at Rs. 5,91,298/-. The goods were classified under sub-heading 8459.31 of the Customs Tariff Act, 1985. The importers claimed the clearance of the imported CNC-5 Universal Machine valued at Rs. 2,16,561 and CNC Milling Machine with electrical equipment valued at Rs. 3,14,782 along with accessories for the machines valued at Rs. 1,57,852 in terms of Notification No. 229/88, dated 1-8-1988 against the Pass Book issued to them for the import of Scientific and technical instruments, apparatus and equipments. The Assistant Collector vide his order dated 24-8-1992 denied the exemption under Notification 229/88 in respect of the goods....

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....fication. He argued that the value of each machine along with accessories being below Rs. 5 Lakhs, each one of them had to be deemed as covered by the Notification. On these grounds he pleaded that the impugned order may be set aside. 3. On behalf of the respondent, Shri A.K. Singhal, JDR reiterated the finding of the Collector (Appeals) and contended that for the purpose of condition (f) of the notification the aggregate value of the machines which fell in the category of `Machine Tools' was relevant. He contended that there was no infirmity in the impugned order and pleaded for rejection of the appeal. 4. We have examined the records of the case and considered the submissions made on behalf of both sides. For the proper ap....