1997 (3) TMI 105 - SC - Customs

Summary

The Supreme Court dismissed the appeals by M/s. Indian Telephone Industries Ltd. regarding the exemption claim for imported goods for their Research and Development Unit under Notification No. 70/81-Customs. The Tribunal found that the goods were not imported by the Research and Development Unit but by the Indian Telephone Industries engaged in commercial activity. The Court upheld the Tribunal's decision and dismissed the appeals without costs.