Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Spare parts for plant modernisation deemed capital goods under Notification 104/2009-Cus. | SHIS import exemption clarified : CESTAT Kolkata
The tribunal ruled that imported spares and accessories used for modernising coke-oven plants fall within the definition of capital goods under Notification 104/2009, entitling the importer to SHIS duty credit. This interpretation overturns the earlier duty demand of Rs 1.30 million and benefits exporters-turn-importers seeking capital-goods exemptions.