Section 10A and related deductions: Tribunal rejects separate-undertaking claim, but allows loss set-off, ESOP cost and foreign tax credit in principl...
100% EOU - Denial of benefit of exemption - violation of input output norms - excess generation of waste and scrap - The Tribunal, citing precedent and the notification's provisions, ruled in favor of the Appellants, rejecting the demand for customs duty on excess scrap cleared after segregation. - It ruled that excess scrap cleared after segregation cannot be considered as clearance of raw inputs, thereby rejecting the demand for customs duty on excess imported scrap.
100% EOU - Denial of benefit of exemption - violation of input output norms - excess generation of waste and scrap - The Tribunal, citing precedent and the notification's provisions, ruled in favor of the Appellants, rejecting the demand for customs duty on excess scrap cleared after segregation. - It ruled that excess scrap cleared after segregation cannot be considered as clearance of raw inputs, thereby rejecting the demand for customs duty on excess imported scrap.
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