https://www.taxtmi.com/caselaws?id=437844 The Tribunal set aside the order demanding customs duty, central excise duty, interest, confiscation, and penalties, remanding the matter for fresh decision-making. The appellant's duty liability on capital goods and raw materials under exemption notifications was to be reevaluated, considering depreciation on capital goods. The Tribunal emphasized the need for a judicious disposal of the issue and instructed the original authority to reassess the demand in accordance with the law and judicial determinations. en-us Mon, 01 May 2023 00:00:00 +0530 Tue, 16 May 2023 17:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437844 The Tribunal set aside the order demanding customs duty, central excise duty, interest, confiscation, and penalties, remanding the matter for fresh decision-making. The appellant's duty liability on capital goods and raw materials under exemption notifications was to be reevaluated, considering depreciation on capital goods. The Tribunal emphasized the need for a judicious disposal of the issue and instructed the original authority to reassess the demand in accordance with the law and judicial determinations. Case-Laws Central Excise Mon, 01 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437844