https://www.taxtmi.com/caselaws?id=348261 The Appellate Tribunal CESTAT CHANDIGARH ruled in favor of the appellant, a 100% Export Oriented Unit, in a case involving short payment of duty on scrap generated from duty-free imported materials. The tribunal held that the Directorate General of Foreign Trade (DGFT) had retrospectively validated higher waste input output norms for the appellant's export products, rejecting the Revenue's demand for additional duty, interest, and penalties. The tribunal emphasized that the term "ratify" in this context meant validating an act already done, thereby setting aside the lower authority's decision and allowing the appellant's appeal. en-us Thu, 07 Sep 2017 00:00:00 +0530 Fri, 17 Nov 2017 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348261 The Appellate Tribunal CESTAT CHANDIGARH ruled in favor of the appellant, a 100% Export Oriented Unit, in a case involving short payment of duty on scrap generated from duty-free imported materials. The tribunal held that the Directorate General of Foreign Trade (DGFT) had retrospectively validated higher waste input output norms for the appellant's export products, rejecting the Revenue's demand for additional duty, interest, and penalties. The tribunal emphasized that the term "ratify" in this context meant validating an act already done, thereby setting aside the lower authority's decision and allowing the appellant's appeal. Case-Laws Customs Thu, 07 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348261