https://www.taxtmi.com/caselaws?id=767442 The CESTAT Allahabad upheld the confiscation of machinery imported duty-free under the 100% EOU scheme that was illegally removed to non-bonded DTA premises without following prescribed procedures. The appellant's claim of bona fide job work arrangement was rejected as the removal violated Notifications 52/2003-Cus and 22/2003-CE. The tribunal confirmed the demand for customs duty and central excise duty, rejected depreciation claims, and upheld penalties for procedural violations. However, the redemption fine was reduced from Rs. 75,10,000 to Rs. 50,00,000. The appeal was allowed in part, emphasizing strict compliance requirements for exemption scheme benefits. en-us Tue, 11 Mar 2025 00:00:00 +0530 Tue, 18 Mar 2025 08:37:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767442 The CESTAT Allahabad upheld the confiscation of machinery imported duty-free under the 100% EOU scheme that was illegally removed to non-bonded DTA premises without following prescribed procedures. The appellant's claim of bona fide job work arrangement was rejected as the removal violated Notifications 52/2003-Cus and 22/2003-CE. The tribunal confirmed the demand for customs duty and central excise duty, rejected depreciation claims, and upheld penalties for procedural violations. However, the redemption fine was reduced from Rs. 75,10,000 to Rs. 50,00,000. The appeal was allowed in part, emphasizing strict compliance requirements for exemption scheme benefits. Case-Laws Central Excise Tue, 11 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767442