https://www.taxtmi.com/caselaws?id=363671 The Tribunal upheld the Revenue's valuation principle under the Customs Act, 1962 for goods manufactured and cleared by a 100% EOU. The appeals were dismissed as the Tribunal found that the duty on finished goods should compensate for the customs duty foregone on imported raw materials, aligning with the export-oriented objective of 100% EOUs. The decision was based on the specific provisions of the Central Excise Act, 1944, emphasizing the need for duty structure to reflect the import benefits availed by such units. en-us Fri, 08 Jun 2018 00:00:00 +0530 Tue, 17 Jul 2018 07:08:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363671 The Tribunal upheld the Revenue's valuation principle under the Customs Act, 1962 for goods manufactured and cleared by a 100% EOU. The appeals were dismissed as the Tribunal found that the duty on finished goods should compensate for the customs duty foregone on imported raw materials, aligning with the export-oriented objective of 100% EOUs. The decision was based on the specific provisions of the Central Excise Act, 1944, emphasizing the need for duty structure to reflect the import benefits availed by such units. Case-Laws Central Excise Fri, 08 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363671