https://www.taxtmi.com/caselaws?id=82410 The Tribunal interpreted Notification No. 242/76-Cus., dated 2-8-1976 and Notification No. 112/87-Cus., dated 1-3-1987 concerning duty exemption for refractory bricks as component parts of industrial furnaces. It upheld the Customs Authorities' decision not to grant duty exemption to the imported goods, rejecting the appellants' argument that the goods qualified as component parts. The Tribunal distinguished between component parts for initial assembly and those imported later as spares, emphasizing the notifications' language specifying exemption for refractory bricks used as component parts. The appeals were dismissed, affirming the denial of refund claims. en-us Fri, 29 Jan 1993 00:00:00 +0530 Mon, 04 Jul 2011 18:34:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82410 The Tribunal interpreted Notification No. 242/76-Cus., dated 2-8-1976 and Notification No. 112/87-Cus., dated 1-3-1987 concerning duty exemption for refractory bricks as component parts of industrial furnaces. It upheld the Customs Authorities' decision not to grant duty exemption to the imported goods, rejecting the appellants' argument that the goods qualified as component parts. The Tribunal distinguished between component parts for initial assembly and those imported later as spares, emphasizing the notifications' language specifying exemption for refractory bricks used as component parts. The appeals were dismissed, affirming the denial of refund claims. Case-Laws Customs Fri, 29 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82410