https://www.taxtmi.com/caselaws?id=53237 Imported medical equipment qualified for exemption under the research-institution notifications because the importer was a recognised research institution engaged in cardiac research and registered with the competent scientific authority. Collection of charges for treatment or diagnosis did not, by itself, make the institution commercial, as commercial activity has a distinct legal meaning and the institution operated on a no profit, no loss basis. The exemption was therefore available and denial of the benefit was unsustainable. en-us Wed, 28 Apr 2004 00:00:00 +0530 Mon, 11 Oct 2010 17:20:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53237 Imported medical equipment qualified for exemption under the research-institution notifications because the importer was a recognised research institution engaged in cardiac research and registered with the competent scientific authority. Collection of charges for treatment or diagnosis did not, by itself, make the institution commercial, as commercial activity has a distinct legal meaning and the institution operated on a no profit, no loss basis. The exemption was therefore available and denial of the benefit was unsustainable. Case-Laws Customs Wed, 28 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53237