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TMI BlogReverse of dutyX X X X Extracts X X X X X X X X Extracts X X X X ..... Reverse of duty X X X X Extracts X X X X X X X X Extracts X X X X ..... teel coils slit to size to 100% EOU against CT3 certificate. Since slitting of steel is a process and not manufacturing process, department informed the assessee that CT3 should not have been issued b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y the department for this supply and hence the duty is payable by the 100% EOU. However the EOU claim that they are exempt from all duties and they will not pay. Now the department has asked the asses ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... see to reverse the duty along with interest. Is the department right? Reply By Madhukar N Hiregange: The Reply: This case is a little difficult as the goods which are traded are not allowed to be sup ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... plied to the EOU only manufactured goods can be sent without processing. EOU may not pay at this point of time though they can avail the credit and take a refund of the central excise duty as well as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the service tax paid. But refunds in India are a long drawn out process. There is possibility that there is a defense however it may entail litigation. You should contact a good consultant near you fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r assistance in this reagrd.
Reply By R.S. Mangal:
The Reply: when slitting of steel is a process and not manufacturing process, the question of demanding excise duty is not tenable. X X X X Extracts X X X X X X X X Extracts X X X X ..... rum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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