Supreme Court Upholds Exemption for Capital Goods in Customs Duty Case Due to Broad Definition of 'Capital Goods'. The term 'capital goods' includes machinery necessary for the manufacture of textile garments, not limited to cutting and stitching machines, under Section 25 of the Customs Act, 1962....
The case involved an appeal by the Commissioner of Customs, Kolkata against M/s. Rupa & Co. Ltd. regarding the exemption from customs duty under the Export Promotion Capital Goods Scheme (EPCG Scheme)...




