Foreign Going Vessel under SEAIOCM Agreement Eligible for Customs Section 87 Exemption

Commissioner of Customs Vs Asean Cableship Pvt. Ltd (Kerala High Court) Vessel under SEAIOCM Agreement categorized as foreign going vessel is entitled for customs exemption under section 87 of Customs Act Kerala High Court held that the vessel under the South East Asia and Indian Ocean Cable Maintenance Agreement [SEAIOCM Agreement], the vessel can be categorized as a foreign going vessel and hence entitled for exemption u/s. 87 of the Customs Act. Accordingly, writ by revenue dismissed. Facts- The vessel Asean Explorer is a Singapore vessel that was engaged to carry out repairs of cables loca...