https://www.taxtmi.com/caselaws?id=53205 Rigid polyurethane foam boards, sections and sheets supplied directly to the Indian Navy, or through a procurement agency that certified onward supply to the Navy, fell within the exemption for goods supplied as stores for consumption on board naval vessels. The exemption did not extend to goods intended for vessels still under construction, because the wording contemplated a vessel already in existence. On the facts, the penalty was set aside and the unresolved supplies to other buyers were remanded for fresh consideration. en-us Tue, 09 Mar 2004 00:00:00 +0530 Mon, 11 Oct 2010 15:46:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53205 Rigid polyurethane foam boards, sections and sheets supplied directly to the Indian Navy, or through a procurement agency that certified onward supply to the Navy, fell within the exemption for goods supplied as stores for consumption on board naval vessels. The exemption did not extend to goods intended for vessels still under construction, because the wording contemplated a vessel already in existence. On the facts, the penalty was set aside and the unresolved supplies to other buyers were remanded for fresh consideration. Case-Laws Central Excise Tue, 09 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53205