2015 (11) TMI 1167

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....ise and Customs (Appeals), Nashik dated 29 July 2011 and 22 November 2012. The argument of the assessee-applicant before the Tribunal was that it supplied Globe Control Valves to M/s.Essar Offshore Subsea Limited and M/s.Swiber Offshore Construction Pte.Ltd. Singapore and claimed benefit of serial number 91 of table annexed to Notification No.6/2006 dated 1 March 2006. The said Notification granted exemption to goods supplied against international competitive bidding, subject to condition no.19. Condition no.19 of that Notification states that goods are exempted from customs duty leviable under the First Schedule to the Customs Tarrif Act, 1975 and the additional duty leviable under Section 3 of the Customs Tariff Act when imported into Ind....

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....se under international competitive bidding and it also satisfies the import policy. The assessee applicant argued that supplies have been made in respect of the contract awarded by international competitive bidding procedure. The Applicant's name also figures as a sub-contractor and the product supplied by the Applicant namely Globe Control Valves also figures therein. Hence, in respect of both contracts, the goods supplied against international competitive bidding condition is satisfied. 4. As far as other condition that the goods should also be exempted from basic customs duty and additional customs duty (Condition no.19) is also satisfied because the valves supplied were exempted. 5. As far as Condition no.29 is concerned, the ....