Importer Misses Compliance, Loses Customs Duty Exemption on Capital Goods; Differential Duty Imposed Under Project Import Regulations.

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....Exemption from duty of customs - Project Import - failure on the part of the importer to meet the Project Import regulations - The appellant registered its Project Contract for import of capital goods, but it has not disputed the missing of two items which therefore resulted in denying the concurrent benefit of exemption. For this, differential duty was demanded, which is as per law - AT....