M/S. MSCO. PVT. LTD. vs UNION OF INDIA & ORS.

The Supreme Court held that the term 'industrial units' in the Customs Act, 1962, must be interpreted based on its ordinary meaning rather than definitions from other statutes, such as the Industrial Disputes Act, 1947. The Court emphasized that words in a statute should be understood in the context of the subject matter and ordinary parlance. The appeal was dismissed as the appellant's goods sold to hospitals did not qualify as being utilized by 'industrial units' as per the notification, thus affirming the duty liability.