https://www.taxtmi.com/caselaws?id=46030 The court upheld the validity of the circular issued by the Central Board of Excise and Customs, clarifying the applicability of Additional Excise Duty (AED) on yarns manufactured by 100% Export Oriented Undertakings (EOUs) from indigenous raw material and cleared into the Domestic Tariff Area (DTA). The court dismissed the writ petitions challenging the circular, ruling that the petitioners were not deprived of exemptions under relevant notifications. The court found that the circular did not exceed the Board's powers and aimed to bring parity in excise duties between 100% EOUs and domestic manufacturers. en-us Fri, 13 Jul 2001 00:00:00 +0530 Thu, 15 Jul 2010 12:43:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46030 The court upheld the validity of the circular issued by the Central Board of Excise and Customs, clarifying the applicability of Additional Excise Duty (AED) on yarns manufactured by 100% Export Oriented Undertakings (EOUs) from indigenous raw material and cleared into the Domestic Tariff Area (DTA). The court dismissed the writ petitions challenging the circular, ruling that the petitioners were not deprived of exemptions under relevant notifications. The court found that the circular did not exceed the Board's powers and aimed to bring parity in excise duties between 100% EOUs and domestic manufacturers. Case-Laws Central Excise Fri, 13 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46030