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    <title>Reverse of duty</title>
    <link>https://www.taxtmi.com/forum/issue?id=789</link>
    <description>Department seeks recovery of excise duty with interest from a supplier who sent slit-to-size steel coils to a 100% EOU under CT3, asserting slitting is a process not manufacturing and CT3 was improperly issued. The EOU claims exemption and will not pay. Advisories differ: one advises that traded goods are generally not eligible for duty-free supply to EOUs and suggests availment of credit and refund by the EOU or litigation by the supplier; another contends a duty demand is not tenable if slitting is merely a process.</description>
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    <pubDate>Thu, 15 May 2008 18:56:24 +0530</pubDate>
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      <title>Reverse of duty</title>
      <link>https://www.taxtmi.com/forum/issue?id=789</link>
      <description>Department seeks recovery of excise duty with interest from a supplier who sent slit-to-size steel coils to a 100% EOU under CT3, asserting slitting is a process not manufacturing and CT3 was improperly issued. The EOU claims exemption and will not pay. Advisories differ: one advises that traded goods are generally not eligible for duty-free supply to EOUs and suggests availment of credit and refund by the EOU or litigation by the supplier; another contends a duty demand is not tenable if slitting is merely a process.</description>
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      <law>Central Excise</law>
      <pubDate>Thu, 15 May 2008 18:56:24 +0530</pubDate>
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