https://www.taxtmi.com/caselaws?id=446025 Obsolete imported raw materials and components held by an EOU could be destroyed after intimation to, or permission from, Customs authorities under the governing policy and exemption framework, which covered destruction of goods and scrap without insisting on re-export. Where the goods were shown to be unfit for manufacture and the unit sought destruction with duty on scrap value, a demand based on the original import value was not sustainable. The amended exemption notification and Board circulars supported destruction or DTA clearance in such cases, and the duty demand founded on the original assessable value was set aside. en-us Mon, 20 Nov 2023 00:00:00 +0530 Tue, 14 Jul 2026 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446025 Obsolete imported raw materials and components held by an EOU could be destroyed after intimation to, or permission from, Customs authorities under the governing policy and exemption framework, which covered destruction of goods and scrap without insisting on re-export. Where the goods were shown to be unfit for manufacture and the unit sought destruction with duty on scrap value, a demand based on the original import value was not sustainable. The amended exemption notification and Board circulars supported destruction or DTA clearance in such cases, and the duty demand founded on the original assessable value was set aside. Case-Laws Customs Mon, 20 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446025