https://www.taxtmi.com/caselaws?id=107140 Notification No. 55/91-C.E. granted an unconditional exemption from additional excise duty on goods manufactured by a 100% EOU and cleared to the Domestic Tariff Area. Although duty on such clearances may be measured by reference to customs duties, the levy remained excise duty and was capable of exemption under section 5A of the Central Excise Act, 1944. The exemption therefore extinguished the duty liability itself. The contrary view based on the customs-linked measure and the Board circular was held erroneous, and the demand, interest and penalty could not be sustained. en-us Tue, 31 Dec 2002 00:00:00 +0530 Sat, 17 Mar 2012 18:27:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107140 Notification No. 55/91-C.E. granted an unconditional exemption from additional excise duty on goods manufactured by a 100% EOU and cleared to the Domestic Tariff Area. Although duty on such clearances may be measured by reference to customs duties, the levy remained excise duty and was capable of exemption under section 5A of the Central Excise Act, 1944. The exemption therefore extinguished the duty liability itself. The contrary view based on the customs-linked measure and the Board circular was held erroneous, and the demand, interest and penalty could not be sustained. Case-Laws Central Excise Tue, 31 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107140