https://www.taxtmi.com/caselaws?id=370011 An exemption notification for clearances by a 100% EOU to advance licence holders was applied according to its express terms, and no prior permission from the Development Commissioner could be read into it. Supplies disclosed in returns and reflected through advance licence debit entries did not support suppression, so the extended limitation period was not justified. For computation of the 50% FOB-value limit for DTA clearance of waste and scrap, deemed exports to advance licence holders were to be counted with physical exports under the Foreign Trade Policy. The contrary restriction to physical exports alone was rejected, and the demand based on longer limitation also failed where the assessee's conduct was fully disclosed. en-us Thu, 01 Nov 2018 00:00:00 +0530 Thu, 08 Nov 2018 10:55:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370011 An exemption notification for clearances by a 100% EOU to advance licence holders was applied according to its express terms, and no prior permission from the Development Commissioner could be read into it. Supplies disclosed in returns and reflected through advance licence debit entries did not support suppression, so the extended limitation period was not justified. For computation of the 50% FOB-value limit for DTA clearance of waste and scrap, deemed exports to advance licence holders were to be counted with physical exports under the Foreign Trade Policy. The contrary restriction to physical exports alone was rejected, and the demand based on longer limitation also failed where the assessee's conduct was fully disclosed. Case-Laws Central Excise Thu, 01 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370011