Minimum duty on removed inputs must at least match the input credit claimed, preventing duty lower than credit allowed. Where materials or component parts are removed from the factory for home consumption or home use on payment of duty, such duty shall in no case be less than the amount of input credit that has been allowed in respect of those materials or component parts, creating a floor on duty equal to the credit claimed and enabling recovery of previously granted credit on such removals.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Minimum duty on removed inputs must at least match the input credit claimed, preventing duty lower than credit allowed.
Where materials or component parts are removed from the factory for home consumption or home use on payment of duty, such duty shall in no case be less than the amount of input credit that has been allowed in respect of those materials or component parts, creating a floor on duty equal to the credit claimed and enabling recovery of previously granted credit on such removals.
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