https://www.taxtmi.com/caselaws?id=366022 In the absence of an express provision in the exit policy for a 100% export oriented unit, excise duty could not be demanded on in-process goods at the time of debonding. The policy covered imported and indigenous capital goods, raw materials, components, consumables, spares and finished goods in stock, but it did not include in-process goods. Following the earlier tribunal view that no authority existed to levy duty on such goods, the tribunal held that duty was not payable and the departmental challenge on this item failed. en-us Tue, 05 Jun 2018 00:00:00 +0530 Wed, 29 Aug 2018 06:12:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366022 In the absence of an express provision in the exit policy for a 100% export oriented unit, excise duty could not be demanded on in-process goods at the time of debonding. The policy covered imported and indigenous capital goods, raw materials, components, consumables, spares and finished goods in stock, but it did not include in-process goods. Following the earlier tribunal view that no authority existed to levy duty on such goods, the tribunal held that duty was not payable and the departmental challenge on this item failed. Case-Laws Central Excise Tue, 05 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366022