Tribunal Rules to Exclude Normal Rate Clearances from Concessional Duty Threshold Under SSI Exemption.

Tribunal Rules to Exclude Normal Rate Clearances from Concessional Duty Threshold Under SSI Exemption. https://www.taxtmi.com/highlights?id=74750 SSI Exemption - Determination of turnover / value of first clarence - The Tribunal held that the value of clearances made by paying duty at the normal rate should not be included in computing the threshold value for concessional duty. Therefore, the demand of duty along with interest and penalty, as confirmed in the impugned order, is not sustainable. en-us Fri, 09 Feb 2024 07:20:15 +0530 Fri, 09 Feb 2024 07:20:15 +0530 TaxTMI RSS Generator Tribunal Rules to Exclude Normal Rate Clearances from Concessional Duty Threshold Under SSI Exemption. https://www.taxtmi.com/highlights?id=74750 SSI Exemption - Determination of turnover / value of first clarence - The Tribunal held that the value of clearances made by paying duty at the normal rate should not be included in computing the threshold value for concessional duty. Therefore, the demand of duty along with interest and penalty, as confirmed in the impugned order, is not sustainable. Highlights Central Excise Fri, 09 Feb 2024 07:20:15 +0530 https://www.taxtmi.com/highlights?id=74750