https://www.taxtmi.com/caselaws?id=33155 Under the 100% EOU scheme, Customs must respect the DGFT's final determination that value addition requirements were met unless it is lawfully altered. Where duty-free inputs were fully used in manufacture, finished goods were exported, and no inputs or finished goods were diverted or unaccounted for at de-bonding, duty cannot be computed on a notional quantity of inputs for an alleged export shortfall. Capital goods used under the scheme remain liable to duty at their written down value on the effective de-bonding date, with interest. Depreciation beyond that date is unavailable, while confiscation and penalty do not survive on the stated facts. en-us Fri, 26 Sep 2008 00:00:00 +0530 Fri, 24 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33155 Under the 100% EOU scheme, Customs must respect the DGFT's final determination that value addition requirements were met unless it is lawfully altered. Where duty-free inputs were fully used in manufacture, finished goods were exported, and no inputs or finished goods were diverted or unaccounted for at de-bonding, duty cannot be computed on a notional quantity of inputs for an alleged export shortfall. Capital goods used under the scheme remain liable to duty at their written down value on the effective de-bonding date, with interest. Depreciation beyond that date is unavailable, while confiscation and penalty do not survive on the stated facts. Case-Laws Customs Fri, 26 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33155