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2025 (7) TMI 1278 - SCH - CustomsBenefit of S. No. 512 of the N/N. 50/2017-Customs dated 30.06.2017 as amended - parts/components for the manufacture of Lithium Ion Battery - denial of exemption on the ground that the appellant has actually manufactured power bank as different from Lithium Ion Battery from the imported parts and components - extended period of limitation - it was held by CESTAT that from the raw material imported by the appellant at concessional/ exempted rate of customs Duty in terms of Notification No. 50/2017 dated 30.06.2017 has been utilised by them to manufacture Lithium Ion Battery (Accumulator) which has been captively used by them to manufacture Power Bank . Hence it is held that appellants have rightly claimed the exemption. HELD THAT - There are no good reason to interfere with the order impugned. The appeals stand dismissed. The Supreme Court, with Hon'ble Justices Manoj Misra and Ujjal Bhuyan presiding, considered the appeal after condoning delay. Upon review of the submissions and the impugned order, the Court found "no good reason to interfere with the order impugned" and accordingly dismissed the appeals.
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