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<h1>Supreme Court Upholds Precedent in Customs Appeal Case</h1> The SC dismissed the appeals, citing the precedent set in Thermax Pvt. Ltd. v. Collector of Customs (1992). - 2015 (320) E.L.T. A328 (SC) Countervailing duty - Exemption - TV sets - Held that:- Case is covered by the judgment of this Court in Thermax Pvt. Ltd. v. Collector of Customs reported in [1992 (8) TMI 156 - SUPREME COURT OF INDIA] which is rightly relied upon by the Tribunal [2003 (6) TMI 260 - CESTAT, MUMBAI]. - Decided against Revenue. The Supreme Court dismissed the appeals, stating that the case is covered by the judgment in Thermax Pvt. Ltd. v. Collector of Customs (1992).