Duty exemption on gasket cannot be denied merely due to initial mismatch

IGP Engineers Pvt Ltd Vs Commissioner of GST & Central Excise (CESTAT Chennai) In a significant ruling, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai has held that duty exemption on gasket cannot be denied merely due to an initial mismatch that was later rectified. The case involved IGP Engineers Pvt Ltd, a subcontractor for Larsen & Toubro Ltd (L&T) in a power project, which appealed against the denial of duty exemption for a large number of gaskets. The dispute centered around the issuance of the Project Authority Certificate (PAC) to a different unit o...