Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
The case involves a dispute regarding a demand for duty on the consumption of furnace oil by a 100% Export Oriented Unit (EOU) for generating electricity. The issue was whether the EOU complied with the conditions of Notification No. 22/2003-CE. The Appellate Tribunal held that the EOU had permission to generate power and transfer excess power to the Domestic Tariff Area (DTA) based on Input-Output Norms. As there was no diversion of furnace oil and the demand was solely based on less electricity generation from the oil consumed, the demand was not upheld. The Tribunal set aside the impugned order, allowing the appeal.
The case involves a dispute regarding a demand for duty on the consumption of furnace oil by a 100% Export Oriented Unit (EOU) for generating electricity. The issue was whether the EOU complied with the conditions of Notification No. 22/2003-CE. The Appellate Tribunal held that the EOU had permission to generate power and transfer excess power to the Domestic Tariff Area (DTA) based on Input-Output Norms. As there was no diversion of furnace oil and the demand was solely based on less electricity generation from the oil consumed, the demand was not upheld. The Tribunal set aside the impugned order, allowing the appeal.
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