NANYA IMPORTS & EXPORTS ENTERPRISES vs COMMISIONER OF CUSTOMS, MADRAS

The Supreme Court interpreted the phrase 'insoles, midsoles and sheets thereof' in Notification No.20 of 1999 under the Customs Act, 1962, affirming that the rolled-up sheets do not disqualify the goods from exemption benefits. The Court held that the exemption applies as long as the goods are capable of use in the leather industry, without imposing an end-use restriction. The appeal was allowed, confirming the assessee's entitlement to the exemption under the Notification.