M/S. O.N.G.C. Ltd vs Commnr. Of Customs, Mumbai

The Supreme Court addressed the issue of customs duty exemptions under the Customs Act, 1962, specifically referring to entries in the notification dated 28.2.1999. The Court held that the grant of an essentiality certificate is crucial for availing exemptions, and since the Appellant failed to produce it timely, the duty demand was confirmed. The Court remitted the matter for fresh consideration, emphasizing that the essentiality certificate granted on 26.3.2004 should be treated as proof of compliance with the necessary conditions for exemption.