https://www.taxtmi.com/caselaws?id=237896 Export-oriented units selling reject fabrics in the domestic tariff area must strictly satisfy exemption-notification conditions, including proper invoicing and stamping as rejects; otherwise the exemption is denied and duty is worked out on the recorded invoice value. For imported needles removed without permission, depreciation is not admissible where no prior use is proved, so duty, interest and penalty remain payable. A separate demand on locally procured needles requires fresh examination in light of the supplier's duty payment and the relevant larger-bench guidance. Individual penalty on an employee-signatory is unwarranted where no personal gain is shown and the company is the beneficiary. en-us Mon, 16 Sep 2013 00:00:00 +0530 Tue, 09 Jun 2015 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237896 Export-oriented units selling reject fabrics in the domestic tariff area must strictly satisfy exemption-notification conditions, including proper invoicing and stamping as rejects; otherwise the exemption is denied and duty is worked out on the recorded invoice value. For imported needles removed without permission, depreciation is not admissible where no prior use is proved, so duty, interest and penalty remain payable. A separate demand on locally procured needles requires fresh examination in light of the supplier's duty payment and the relevant larger-bench guidance. Individual penalty on an employee-signatory is unwarranted where no personal gain is shown and the company is the beneficiary. Case-Laws Central Excise Mon, 16 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237896