https://www.taxtmi.com/caselaws?id=1948 Clearances made to units in Kandla Special Economic Zone were treated as clearances to a Free Trade Zone for the purpose of Rule 57AD(4) of the Central Excise Rules, 1944, because the Free Trade Zone and the Special Economic Zone occupied the same geographical area and the conversion was viewed as a change in designation, not substantive legal identity. As the charging provision and the notification defining the area came later, the Tribunal held that the clearances during the disputed period continued to receive Free Trade Zone treatment. The demand for non-reversal of credit and for payment of 8% of the value of exempted clearances was therefore unsustainable, and the demand, penalty, and consequential confirmations were set aside. en-us Fri, 20 Apr 2007 00:00:00 +0530 Tue, 15 Apr 2008 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1948 Clearances made to units in Kandla Special Economic Zone were treated as clearances to a Free Trade Zone for the purpose of Rule 57AD(4) of the Central Excise Rules, 1944, because the Free Trade Zone and the Special Economic Zone occupied the same geographical area and the conversion was viewed as a change in designation, not substantive legal identity. As the charging provision and the notification defining the area came later, the Tribunal held that the clearances during the disputed period continued to receive Free Trade Zone treatment. The demand for non-reversal of credit and for payment of 8% of the value of exempted clearances was therefore unsustainable, and the demand, penalty, and consequential confirmations were set aside. Case-Laws Central Excise Fri, 20 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1948