Fortis Hospital Ltd vs Commr.Of Customs,Import

The Supreme Court addressed the applicability of Notification No. 64/88-Cus under the Customs Act, 1962, specifically Sections 111(o) and 112. The Court held that the conditions for exemption from import duty are continuing in nature and must be fulfilled by the importer post-import. It confirmed the adjudicating authority's decision to impose penalties for non-compliance with the stipulated conditions, thereby upholding the show cause notice issued to M/s. Wockhardt Hospital and Heart Institute for breaching the notification's requirements.