https://www.taxtmi.com/caselaws?id=114552 For 100% EOUs importing duty-free homogenous goods, the Exim Policy Handbook and CBEC circular did not require one-to-one correlation between each import consignment and each export consignment. The unit only had to account for the entire quantity of duty-free goods through exports, DTA sales, transfers and stock balance, and FIFO could be applied for correlation purposes. On that basis, a prima facie case was shown for waiver of pre-deposit and stay of recovery in respect of the duty and penalty demands arising from alleged non-correlation of imports and exports. en-us Fri, 15 Oct 2004 00:00:00 +0530 Wed, 16 May 2012 16:37:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114552 For 100% EOUs importing duty-free homogenous goods, the Exim Policy Handbook and CBEC circular did not require one-to-one correlation between each import consignment and each export consignment. The unit only had to account for the entire quantity of duty-free goods through exports, DTA sales, transfers and stock balance, and FIFO could be applied for correlation purposes. On that basis, a prima facie case was shown for waiver of pre-deposit and stay of recovery in respect of the duty and penalty demands arising from alleged non-correlation of imports and exports. Case-Laws Central Excise Fri, 15 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114552