Dai-Ichi Karnataka Ltd vs Union Of India & Ors

The Supreme Court examined the validity of Notifications No. 210/82 and No. 513/86 under Section 25(i) of the Customs Act, which provided customs duty exemptions for raw materials imported for manufacturing goods for organizations like O.N.G.C. The Court held that the exemption was intended to promote indigenous manufacturing and that the withdrawal of such exemptions without justifiable reasons violated the principles of fairness and public interest. Consequently, the Court ruled in favor of the appellant, reinstating the exemption for the specified period until September 10, 1987.