Assemblies, sub-assemblies, components, sub-components imported under EPCG allowed as spares under FTP

Tata Steel Ltd. Vs Commr. of Customs (Port) (CESTAT Kolkata) CESTAT Kolkata held that the imported assemblies, sub-assemblies, components, sub-components under EPCG are held as allowed as spares under the Foreign Trade Policy at Para 9.57. Facts- The appellants Tata Steel Ltd. are engaged in manufacture of iron and steel having its largest production facility in Jamshedpur, wherein the Appellant had commissioned seven blast furnaces having aggregate capacity of 5 million MPTA. Subsequently, the Appellant sought to enhance the capacity of its blast furnace upto 10 million MPTA and thus conceive...