The Madras High Court held that custom duty is applicable on Re-export of imported goods, which are exported beyond the period of 12 months. The issue for consideration was that whether the goods re-imported for repair or reconditioning of the goods, when again re-exported beyond the prescribed period of one year including the extension of six months permitted in the Notification, whether the Importer or Assessee was liable to pay duty denying the concession/ exemption of the Notification No.158/95/Cus or not.
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