INDIRECT TAX (CUSTOM & EXCISE)
Q. An importer imported certain inputs for manufacture of final product. A small portion of the
imported inputs were damaged in transit and could not be used in the manufacture of the final
product. An exemption notification was in force providing exemption in respect of specified
raw materials imported into India for use in manufacture of specified goods, which was
applicable to the imports made by the importer in the present case. Briefly examine whether
the importer could claim the benefit of the aforesaid notification in respect of the entire lot of
the inputs imported including those that were damaged in transit.
please give logic & section reference for your answer ?
CAclubindia
