Exemption notification 46/2011 Cus. benefit not admissible without valid AIFTA certificate

Commissioner of Customs Vs Olam Enterprses India Pvt. Ltd. (Madras High Court) Madras High Court held that benefit of exemption under Notification No. 46/2011-Cus. dated 01.06.2011 not admissible without a valid ASEAN-India Free Trade Area [AIFTA] certificate. Accordingly, appeal of department allowed. Facts- This appeal arises from the import of teak round logs by the respondent on commercial invoices issued by M/s.Panasia International Limited, Dubai. At the time of assessment, the respondent did not claim any duty exemption and all three Bills of Entry were assessed on merit. The total duty...