https://www.taxtmi.com/caselaws?id=761632 A customs exemption notification governing EOU destruction provisions must be read harmoniously with the Foreign Trade Policy, and obsolete imported raw materials destroyed after the requisite intimation to Customs authorities or permission are not liable to duty where the statutory scheme supports such destruction. The later amendment expressly including raw materials reinforced the view that the earlier scheme already contemplated destruction of obsolete materials in appropriate cases. On the facts, the materials had become obsolete and prior relief had been granted on the same issue, so the duty demand was held unsustainable and the matter was decided in favour of the assessee. en-us Fri, 22 Mar 2024 00:00:00 +0530 Thu, 14 Nov 2024 08:26:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761632 A customs exemption notification governing EOU destruction provisions must be read harmoniously with the Foreign Trade Policy, and obsolete imported raw materials destroyed after the requisite intimation to Customs authorities or permission are not liable to duty where the statutory scheme supports such destruction. The later amendment expressly including raw materials reinforced the view that the earlier scheme already contemplated destruction of obsolete materials in appropriate cases. On the facts, the materials had become obsolete and prior relief had been granted on the same issue, so the duty demand was held unsustainable and the matter was decided in favour of the assessee. Case-Laws Customs Fri, 22 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761632