https://www.taxtmi.com/caselaws?id=198511 Indigenous capital goods procured by a 100% EOU without duty under the then applicable excise exemption could not be cleared on debonding at nil duty merely by relying on the Foreign Trade Policy or the EPCG scheme. In the absence of any specific exemption notification under Central Excise law covering such debonded capital goods, duty remained payable. The liability was computed on the depreciated value, and the exemption claim failed because no applicable notification supported nil-duty clearance. en-us Wed, 16 Nov 2016 00:00:00 +0530 Fri, 02 Feb 2018 09:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198511 Indigenous capital goods procured by a 100% EOU without duty under the then applicable excise exemption could not be cleared on debonding at nil duty merely by relying on the Foreign Trade Policy or the EPCG scheme. In the absence of any specific exemption notification under Central Excise law covering such debonded capital goods, duty remained payable. The liability was computed on the depreciated value, and the exemption claim failed because no applicable notification supported nil-duty clearance. Case-Laws Central Excise Wed, 16 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198511