https://www.taxtmi.com/caselaws?id=347860 Clearances made by a 100% Export Oriented Unit in the domestic area against foreign exchange remittance under the EXIM Policy were treated as distinct from ordinary domestic clearances, so they were not liable to excise duty equivalent to customs duty under the proviso to Section 3(1) of the Central Excise Act, 1944. The Tribunal's view, supported by earlier decisions on similar foreign exchange-based clearances, was upheld as correctly applying the policy framework governing export-oriented units. The duty demand was therefore not sustainable, and the issue was decided in favour of the assessee. en-us Thu, 24 Aug 2017 00:00:00 +0530 Sat, 30 Dec 2017 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347860 Clearances made by a 100% Export Oriented Unit in the domestic area against foreign exchange remittance under the EXIM Policy were treated as distinct from ordinary domestic clearances, so they were not liable to excise duty equivalent to customs duty under the proviso to Section 3(1) of the Central Excise Act, 1944. The Tribunal's view, supported by earlier decisions on similar foreign exchange-based clearances, was upheld as correctly applying the policy framework governing export-oriented units. The duty demand was therefore not sustainable, and the issue was decided in favour of the assessee. Case-Laws Central Excise Thu, 24 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347860