https://www.taxtmi.com/caselaws?id=349337 Duty-free raw materials, work-in-progress, semi-finished goods and remnants destroyed within a 100% EOU after prior intimation to the Department were treated as not attracting duty, because the goods had been procured under EOU notifications, remained within the unit premises and there was no evidence of diversion or clandestine clearance. The Tribunal also held that inputs issued for production and later rejected were used in connection with manufacture, and that the accounting description of goods as obsolete did not alter their character as remnants or leftovers within the permissible wastage limit. On that basis, the demand, extended limitation and penalties were held unsustainable for want of suppression or contumacious conduct. en-us Wed, 07 Jun 2017 00:00:00 +0530 Thu, 28 Feb 2019 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349337 Duty-free raw materials, work-in-progress, semi-finished goods and remnants destroyed within a 100% EOU after prior intimation to the Department were treated as not attracting duty, because the goods had been procured under EOU notifications, remained within the unit premises and there was no evidence of diversion or clandestine clearance. The Tribunal also held that inputs issued for production and later rejected were used in connection with manufacture, and that the accounting description of goods as obsolete did not alter their character as remnants or leftovers within the permissible wastage limit. On that basis, the demand, extended limitation and penalties were held unsustainable for want of suppression or contumacious conduct. Case-Laws Central Excise Wed, 07 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349337