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CESTAT allowed appeals by 100% EOU regarding duty exemption on raw material procurement. The tribunal held that clearance of goods to Domestic Tariff Area requires payment of customs duties, which can be fulfilled by utilizing SFIS scrips as per Foreign Trade Policy. The appellants' utilization of duty credit scrips for excise duty payment was deemed legally valid. The impugned order dated 30.04.2012 was set aside, effectively granting relief to the appellants by recognizing their duty payment mechanism through scrip utilization as compliant with applicable legal provisions.
CESTAT allowed appeals by 100% EOU regarding duty exemption on raw material procurement. The tribunal held that clearance of goods to Domestic Tariff Area requires payment of customs duties, which can be fulfilled by utilizing SFIS scrips as per Foreign Trade Policy. The appellants' utilization of duty credit scrips for excise duty payment was deemed legally valid. The impugned order dated 30.04.2012 was set aside, effectively granting relief to the appellants by recognizing their duty payment mechanism through scrip utilization as compliant with applicable legal provisions.
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