https://www.taxtmi.com/caselaws?id=242206 On debonding of a 100% EOU, duty on capital goods is to be computed under the exemption notification under which they were originally cleared, on depreciated value and at the rate in force on the relevant clearance date. Where the Development Commissioner and Joint DGFT permitted clearance under the EPCG route, the EPCG rate applies to the debonded capital goods. No duty survives on raw materials and consumables already consumed in manufacture of export goods, as they are not available for debonding. The demand, confiscation and penalty findings could not stand as framed and required recomputation accordingly. en-us Fri, 03 Feb 2012 00:00:00 +0530 Fri, 10 Jan 2014 10:34:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242206 On debonding of a 100% EOU, duty on capital goods is to be computed under the exemption notification under which they were originally cleared, on depreciated value and at the rate in force on the relevant clearance date. Where the Development Commissioner and Joint DGFT permitted clearance under the EPCG route, the EPCG rate applies to the debonded capital goods. No duty survives on raw materials and consumables already consumed in manufacture of export goods, as they are not available for debonding. The demand, confiscation and penalty findings could not stand as framed and required recomputation accordingly. Case-Laws Customs Fri, 03 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242206