Life jackets on ships are ship's stores, not components, so their replacement does not qualify as repair exemption.

Life jackets supplied for ships are not integral components of the vessel because a ship remains complete and capable of sailing without them. Items kept on board for safety are ship's stores, not parts without which the vessel is inoperable. Their replacement therefore does not amount to replacement of a component or to repair. The exemption under Notification No. 82/84 is consequently unavailable.

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Issues: Whether life jackets supplied for ships could be treated as components of the ship or as goods used for repair so as to qualify for exemption under Notification No. 82/84.

Analysis: A ship is complete when manufactured and remains capable of sailing even without life jackets or other life-saving equipment placed on board thereafter. A component is an integral part without which the machine or vessel is inoperable. Life jackets required to be kept on board for safety do not form part of the ship itself; at most, they are ship's stores. Replacement of a life jacket on board therefore does not amount to replacement of a component and cannot be treated as repair for the purpose of the notification.

Conclusion: Life jackets are not components of a ship and their replacement on board does not amount to repair. The exemption under Notification No. 82/84 is not available.

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