The appellants preferred a Special Leave Petition to this Court therein the appellants were directed to issue a show cause numberice to the respondents and finalise the assessment of the goods by 6th September, 1991.
The respondents appealed to the Customs Excise Gold Control Appellate Tribunal against the Collectors findings on classification and valuation.
for the Respondent J U D G M E N T The following Judgment of the Court was delivered Collector of Customs, Bombay V. Shibani Engineering Systems.
The Collector numbered the price lists of imported bearings of Chinese, Russian, Czechoslovakian and German origin and, by arduous reasoning, companycluded that one set of the goods should be valued at Rs.5.64 per cup and the other set at Rs.21.38 per cup.
THE 6TH DAY OF AUGUST, 1996 Present Honble Mr.Justice S.P.Bharucha Honble Mr.justice K.T.Thomas Tandon and P.Parmeswaran, Advs.
The goods were allowed to be cleared by the High Court on the basis of a provisional assessment extending the benefit to the respondents of Sl.
J. The respondents imported two companysignments of cups which are parts of taper roller bearings.
for the appellant R.Singh, Adv.
Bombay J U D G M E N T BHARUCHA.
They filled bills of entry for clearance classifying the goods under entry 8482.99 of the Customs Tariff Act, 1975, and claimed the benefit of the companycessional rate of duty provided by an Exemption Notification No.70/89 .
