https://www.taxtmi.com/caselaws?id=445076 CESTAT Chandigarh allowed the appeal regarding central excise duty on dyed yarn used for captive consumption. The appellant exported entire finished products under bond/LUT without domestic sales. Since dyed yarn was manufactured by job worker, not captively by appellant, Notification No. 67/95-CE exemption was applicable. The authority incorrectly denied exemption based on nil rate duty for finished goods, but exported goods cannot be considered home consumption clearances. Penalty on director was also set aside as appellant was entitled to exemption. en-us Fri, 27 Oct 2023 00:00:00 +0530 Wed, 01 Nov 2023 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445076 CESTAT Chandigarh allowed the appeal regarding central excise duty on dyed yarn used for captive consumption. The appellant exported entire finished products under bond/LUT without domestic sales. Since dyed yarn was manufactured by job worker, not captively by appellant, Notification No. 67/95-CE exemption was applicable. The authority incorrectly denied exemption based on nil rate duty for finished goods, but exported goods cannot be considered home consumption clearances. Penalty on director was also set aside as appellant was entitled to exemption. Case-Laws Central Excise Fri, 27 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445076