https://www.taxtmi.com/caselaws?id=173423 Excise duty was upheld on waste and rejects cleared in the domestic market from a 100% EOU, on the basis that such goods were dutiable when removed as finished products. Customs duty on the duty-free inputs used in their manufacture was not sustained because Section 72(d) of the Customs Act applies only to improper removal of bonded goods from a warehouse, and the inputs had been issued for manufacture with the clearance of waste and rejects made under permission. No diversion or misuse of inputs was established, so the related penalty and interest were also rejected. en-us Tue, 10 Jul 2007 00:00:00 +0530 Thu, 08 Oct 2015 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173423 Excise duty was upheld on waste and rejects cleared in the domestic market from a 100% EOU, on the basis that such goods were dutiable when removed as finished products. Customs duty on the duty-free inputs used in their manufacture was not sustained because Section 72(d) of the Customs Act applies only to improper removal of bonded goods from a warehouse, and the inputs had been issued for manufacture with the clearance of waste and rejects made under permission. No diversion or misuse of inputs was established, so the related penalty and interest were also rejected. Case-Laws Central Excise Tue, 10 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173423