https://www.taxtmi.com/caselaws?id=439532 Duty was held not demandable on in-process semi-finished goods at de-bonding, as such goods were not covered by the relevant de-bonding provisions and had not yet emerged as finished products. Differential duty on finished goods transferred on de-bonding and later exported was also found unsustainable because the goods were exported and duty had already been paid on export clearances. Once the underlying duty demand failed, denial of credit on duty paid at de-bonding on semi-finished and finished goods likewise lacked basis, so credit was allowed and the related demand, interest, and penalty were set aside. en-us Mon, 26 Jun 2023 00:00:00 +0530 Mon, 26 Jun 2023 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439532 Duty was held not demandable on in-process semi-finished goods at de-bonding, as such goods were not covered by the relevant de-bonding provisions and had not yet emerged as finished products. Differential duty on finished goods transferred on de-bonding and later exported was also found unsustainable because the goods were exported and duty had already been paid on export clearances. Once the underlying duty demand failed, denial of credit on duty paid at de-bonding on semi-finished and finished goods likewise lacked basis, so credit was allowed and the related demand, interest, and penalty were set aside. Case-Laws Central Excise Mon, 26 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439532