https://www.taxtmi.com/caselaws?id=249026 A prima facie objection to exemption on clearance of scrap to the domestic tariff area was upheld, as the conditions under Notification No. 23/2003-C.E. and paragraph 6.8(e) of the Foreign Trade Policy were not shown to be satisfied. The Tribunal also noted the valuation dispute concerning clearance of goods to sister units under Rule 8 of the Customs Valuation Rules, 2007, where notional profit was added by the Revenue. On that assessment, complete waiver of pre-deposit for duty, interest and penalty was not justified, and partial pre-deposit was directed with stay on the balance. en-us Mon, 22 Jul 2013 00:00:00 +0530 Wed, 02 Jul 2014 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249026 A prima facie objection to exemption on clearance of scrap to the domestic tariff area was upheld, as the conditions under Notification No. 23/2003-C.E. and paragraph 6.8(e) of the Foreign Trade Policy were not shown to be satisfied. The Tribunal also noted the valuation dispute concerning clearance of goods to sister units under Rule 8 of the Customs Valuation Rules, 2007, where notional profit was added by the Revenue. On that assessment, complete waiver of pre-deposit for duty, interest and penalty was not justified, and partial pre-deposit was directed with stay on the balance. Case-Laws Central Excise Mon, 22 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249026