Relief to Sony India Ltd: CESTAT allows Customs Duty Exemption to Imported ‘Digital Still Image Video Cameras’ [Read Order]
The tribunal found that the digital still image video cameras involved in the present Customs Appeals would be entitled to exemption from basic customs duty in terms of the Notification dated 01.03.2005, as amended on 17.03.2012
In a ruling in favour of Sony India Ltd, the New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that imported ‘digital still image video cameras’ are entitled to basic customs duty exemption. The Commissioner of Customs (Appeals) dismissed the assessee’s appeal and affirmed the Deputy Commissioner of Customs’ order…
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