CESTAT
Case BriefsTribunals/Commissions/Regulatory Bodies

The goods imported by the appellant are IC chips, which are incapable of stand-alone function or connection with any other device. The ICs are only capable of functioning as compressor/decompressor upon connection with external peripherals like power supply and interface.

CESTAT
Case BriefsTribunals/Commissions/Regulatory Bodies

“It is a well settled principle in the law that the taxing statute needs to be construed strictly according to the words phrases used in the statute; there can be no other interpretation when literal interpretation is unambiguous.”