https://www.taxtmi.com/caselaws?id=253810 A CESTAT New Delhi bench considered whether an appellant seeking debonding from a 100% EOU into the EPCG route had a prima facie case for waiver of pre-deposit on duty demanded on indigenous capital goods. The Tribunal noted that the unit had achieved positive NFE and that the amended exemption framework allowed debonding under EPCG subject to that condition, but no Central Excise exemption notification specifically covered indigenous capital goods at debonding. On that basis, it formed a prima facie view that duty at the prevailing rate on depreciated value would apply and held that complete waiver was not justified. Full pre-deposit of duty was directed, while pre-deposit of interest was waived on compliance. en-us Mon, 05 May 2014 00:00:00 +0530 Thu, 04 Dec 2014 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253810 A CESTAT New Delhi bench considered whether an appellant seeking debonding from a 100% EOU into the EPCG route had a prima facie case for waiver of pre-deposit on duty demanded on indigenous capital goods. The Tribunal noted that the unit had achieved positive NFE and that the amended exemption framework allowed debonding under EPCG subject to that condition, but no Central Excise exemption notification specifically covered indigenous capital goods at debonding. On that basis, it formed a prima facie view that duty at the prevailing rate on depreciated value would apply and held that complete waiver was not justified. Full pre-deposit of duty was directed, while pre-deposit of interest was waived on compliance. Case-Laws Central Excise Mon, 05 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253810