https://www.taxtmi.com/caselaws?id=80237 The Tribunal upheld the decision of the Collector (Appeals) and dismissed the appeals by the Revenue. It ruled that the imported repair kits and packing sets for plungers were eligible for exemption under Notification No. 197/76-Cus., dated 2nd August, 1976, as they were considered components of the blow out preventer system. The Tribunal found that the parts were specifically identified as components of the FMC pump, which was integral to the larger system, and rejected the argument that they were merely sub-assembly components. The judgment emphasized the unique circumstances of the case and clarified that it should not serve as a precedent for future cases. en-us Fri, 11 Aug 1989 00:00:00 +0530 Wed, 15 Jun 2011 16:07:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80237 The Tribunal upheld the decision of the Collector (Appeals) and dismissed the appeals by the Revenue. It ruled that the imported repair kits and packing sets for plungers were eligible for exemption under Notification No. 197/76-Cus., dated 2nd August, 1976, as they were considered components of the blow out preventer system. The Tribunal found that the parts were specifically identified as components of the FMC pump, which was integral to the larger system, and rejected the argument that they were merely sub-assembly components. The judgment emphasized the unique circumstances of the case and clarified that it should not serve as a precedent for future cases. Case-Laws Customs Fri, 11 Aug 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80237