https://www.taxtmi.com/highlights?id=77907 CESTAT Bangalore held that goods of foreign origin imported for repairs and return are eligible for exemption under the Notification No.153/1994. The appellant imported aircraft parts for repairing aircraft engines, stating spare parts would be used for repairs and exported. The Tribunal found the spare parts imported for repair/replacement of engines were exempt u/s Notification No.21/2002-Cus., even if cleared for home consumption. As goods were bonded, repaired, and exported, appellant qualified for Notification No.153/1994 benefit. The impugned order was set aside, and appeals allowed. en-us Wed, 29 May 2024 08:31:03 +0530 Wed, 29 May 2024 08:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=77907 CESTAT Bangalore held that goods of foreign origin imported for repairs and return are eligible for exemption under the Notification No.153/1994. The appellant imported aircraft parts for repairing aircraft engines, stating spare parts would be used for repairs and exported. The Tribunal found the spare parts imported for repair/replacement of engines were exempt u/s Notification No.21/2002-Cus., even if cleared for home consumption. As goods were bonded, repaired, and exported, appellant qualified for Notification No.153/1994 benefit. The impugned order was set aside, and appeals allowed. Highlights Customs Wed, 29 May 2024 08:31:03 +0530 https://www.taxtmi.com/highlights?id=77907