https://www.taxtmi.com/caselaws?id=355430 The Tribunal ruled in favor of the appellant, a 100% EOU engaged in Cotton Yarn manufacturing, in a dispute over duty demand on imported raw cotton waste exceeding the permissible limit. The Tribunal held that the duty demand was untenable under Notification No. 53/97-Cus., emphasizing that waste clearance falls under excisable goods within the Exim Policy limits. The Tribunal rejected the contention that a CBEC circular could override the notification, emphasizing that arbitrary adjudication without specific provisions is impermissible. The Tribunal allowed the appeal, citing consistent interpretation in favor of the assessee in similar cases, setting aside the duty demand and granting consequential reliefs as per law. en-us Thu, 08 Feb 2018 00:00:00 +0530 Wed, 14 Feb 2018 09:47:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355430 The Tribunal ruled in favor of the appellant, a 100% EOU engaged in Cotton Yarn manufacturing, in a dispute over duty demand on imported raw cotton waste exceeding the permissible limit. The Tribunal held that the duty demand was untenable under Notification No. 53/97-Cus., emphasizing that waste clearance falls under excisable goods within the Exim Policy limits. The Tribunal rejected the contention that a CBEC circular could override the notification, emphasizing that arbitrary adjudication without specific provisions is impermissible. The Tribunal allowed the appeal, citing consistent interpretation in favor of the assessee in similar cases, setting aside the duty demand and granting consequential reliefs as per law. Case-Laws Customs Thu, 08 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355430