EOU Denied Concessional Duty Rate for Domestic Clearances; Consumables Not Considered Raw Materials Under Excise Duty Rules.

EOU Denied Concessional Duty Rate for Domestic Clearances; Consumables Not Considered Raw Materials Under Excise Duty Rules. https://www.taxtmi.com/highlights?id=32693 100% EOU - Eligibility of concessional rate of duty on domestic clearances - the condition stipulated for eligibility to excise duties, instead of half of the aggregate of duties of customs, that ‘raw materials’ be domestically procured does not permit the latitude of treating ‘consumables’ as ‘raw materials.’ - AT en-us Thu, 05 Jan 2017 09:11:18 +0530 Thu, 05 Jan 2017 09:11:18 +0530 TaxTMI RSS Generator EOU Denied Concessional Duty Rate for Domestic Clearances; Consumables Not Considered Raw Materials Under Excise Duty Rules. https://www.taxtmi.com/highlights?id=32693 100% EOU - Eligibility of concessional rate of duty on domestic clearances - the condition stipulated for eligibility to excise duties, instead of half of the aggregate of duties of customs, that ‘raw materials’ be domestically procured does not permit the latitude of treating ‘consumables’ as ‘raw materials.’ - AT Highlights Central Excise Thu, 05 Jan 2017 09:11:18 +0530 https://www.taxtmi.com/highlights?id=32693