1996 (9) TMI 433

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....rder per : V.P. Gulati, Vice President]. - The Revenue is in appeal against the order of the learned lower appellate authority under which the respondents have given the benefit of concessional assessment as 50% of the CIF value of the goods. The learned Collector (Appeals) has allowed the benefit under Notification No. 160/92. 2. The learned SDR has pleaded that the goods were original....

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....yment of customs duty with the prior approval of the Government of India in the Department of Revenue." 2. He concedes that the clearances of the goods in terms of this proviso has been made in as much as the appellants were issued a licence by EPCG scheme for importation of the same. He has pleaded that since the relevant time is the date of clearance of the goods which occured in 1994 th....

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....ed in 1984 (ECR) 1074 which has been affirmed by the Tribunal in the case of Collector of Customs v. Ajanta Offset Packaging Ltd. reported in 1991 (56) E.L.T. 771. The facts of this case he pleaded are that the machinery had been imported for exhibition and subsequently the machinery were allowed for home consumption and in the meantime after the importation of the same the exemption notification ....