Exemption notification doesn’t stipulate exporting jewellery must be made out of imported gold

PH Jewels Vs Principal Commissioner of Customs (CESTAT Hyderabad)

CESTAT Hyderabad held that exemption notification no. 57/2000 issued u/s. 25 of the Customs Act, 1962 prevails over CBEC circular and hence since exemption notification does not stipulate that only imported gold should be used to manufacture goods for export there is no such requirement.

Facts- MMTC is one of the agencies nominated agencies which was permitted to import gold duty free and sell it to jewellery exporters who are expected to manufacture jewellery and export it. PH Jewels is one s

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