IGST Exemption available on re-import of repaired parts or aircraft into India

Interglobe Aviation Limited Vs Commissioner of Customs (CESTAT Delhi) Conclusion: Assessee was entitled to exemption from payment of integrated tax under the Exemption Notification on re-import of repaired parts/aircraft into India because in the absence of mention of integrated tax and compensation cess in column (3) under serial no. 2 of the Exemption Notification, it would mean that only the basic customs duty on the fair cost of repair charges, freight and insurance charges were payable and integrated tax and compensation cess were wholly exempted. Held: Assessee-company was a scheduled ai...