https://www.taxtmi.com/caselaws?id=761079 Excess wastage beyond SION norms, by itself, did not justify demand of customs duty under the warehouse and EOU provisions where the imported raw materials were used for manufacture of export goods, export obligation was fulfilled, and ad hoc wastage norms had been approved pending regular norms. In the absence of any allegation of diversion of goods outside the EOU, the higher wastage could not be treated as improper accounting of raw material consumption under Sections 65(2)(b) and 72(1)(d) of the Customs Act. The duty and interest demands were therefore not sustainable, and the appeals succeeded. en-us Fri, 30 Aug 2024 00:00:00 +0530 Mon, 04 Nov 2024 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761079 Excess wastage beyond SION norms, by itself, did not justify demand of customs duty under the warehouse and EOU provisions where the imported raw materials were used for manufacture of export goods, export obligation was fulfilled, and ad hoc wastage norms had been approved pending regular norms. In the absence of any allegation of diversion of goods outside the EOU, the higher wastage could not be treated as improper accounting of raw material consumption under Sections 65(2)(b) and 72(1)(d) of the Customs Act. The duty and interest demands were therefore not sustainable, and the appeals succeeded. Case-Laws Customs Fri, 30 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761079