CESTAT ruling: DTA clearances at 50% FOB value cover actual & deemed exports

The Appellate Tribunal CESTAT AHMEDABAD held that DTA clearances at 50% FOB value should encompass both actual and deemed exports, following a precedent set by a Larger Bench ruling in the case of M/s.Amitex Silk Mills Pvt. Ltd. The Tribunal dismissed the Revenue's appeals.

---

---

The Appellate Tribunal CESTAT AHMEDABAD ruled that DTA clearances at 50% FOB value should consider both actual and deemed exports. The decision was based on a previous Larger Bench ruling in the case of M/s.Amitex Silk Mills Pvt. Ltd. The Tribunal rejected the Revenue's appeals.

---