Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2016 (11) TMI 409 - CESTAT CHANDIGARH

2016 (11) TMI 409 - CESTAT CHANDIGARH - TMI - Refund - EOU - EPCG licence - Held that: - the Policy circular dated 13.5.2005 issued by DGFT which states that the matter has been consulted with CBEC and it is clarified that the goods cleared from EOU under EPCG scheme would attract central excise duty which are aggregate of effective customs duty leviable on like goods imported i.e. duty calculated after applying end use based notification and as per circular dated 15.9.1994 issued by CBEC - It w .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

f capital goods or inputs - Decided in favor of the assessee. - E/2894-2895/2006-(DB) - Final Order No. A/61092-61093/2016-EXDB][ - Dated:- 4-8-2016 - Mr. Ashok Jindal, Member (Judicial) and Mr. B. Ravichandran, Member (Technical) Shri V.K. Trehan, AR for the appellant Shri Surjeet Bhadu, Advocate for the respondent ORDER These appeals by the Revenue are against the order dated 17.02.2006 of the Commissioner (Appeals), Chandigarh. 2. As the appeals are against the same order, they are taken up t .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ms were processed and original authority rejected the amount of ₹ 7,24,394/- on finished goods/raw materials etc. and rejected the amount of ₹ 12,00,740/-in respect of capital goods. On appeal, the Commissioner (Appeals), decided both issues by the impugned order. On the claim of refund of capital goods, upon de-bonding of EOU, he held that as the respondents have got required EPCG licence, the benefit of duty concession is available for indigenous machinery also. He relied on para 5 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ported cotton respectively. He also held that the benefit of Notification No. 23/2003-CE dated 31.3.2003 for clearance of yarn to DTA on the stock of 24.1.2005 and accordingly held that the respondent is eligible for refund of ₹ 6,07,043- and ₹ 18,666/- on the yarn and waste respectively. Aggrieved by this order, the Revenue is in appeal. 5. We have heard both sides and examined the appeal records. 6. Regarding refund of duty paid on indigenously procured machinery and spares, the Re .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version