https://www.taxtmi.com/caselaws?id=90958 REP licences under para 192 of the ITC Policy 90-93 were held not to cover import of spare parts for paper making machines because the provision permitted only raw materials, components, tools, consumables, packing materials and instruments, and did not mention spares. The policy's separate definitions of "component" and "spare" showed that the terms were distinct, so the omission of spares was deliberate and had to be given effect. A broader trade-meaning approach was rejected because the policy contained clear internal definitions. The confiscation order was upheld and the appeal was dismissed in favour of Revenue. en-us Fri, 16 Apr 1999 00:00:00 +0530 Wed, 12 Oct 2011 17:50:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90958 REP licences under para 192 of the ITC Policy 90-93 were held not to cover import of spare parts for paper making machines because the provision permitted only raw materials, components, tools, consumables, packing materials and instruments, and did not mention spares. The policy's separate definitions of "component" and "spare" showed that the terms were distinct, so the omission of spares was deliberate and had to be given effect. A broader trade-meaning approach was rejected because the policy contained clear internal definitions. The confiscation order was upheld and the appeal was dismissed in favour of Revenue. Case-Laws Customs Fri, 16 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90958