2006 (8) TMI 34

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ellants have taken Cenvat credit on the inputs and packing materials for manufacture of finished goods, namely Tassels and Trimmings falling under Tariff sub-heading 5808.01, which are exempted goods manufactured by the appellants, and which have been exported. The original authority has accepted the "Letter of Undertaking" (LUT) in lieu of bond for export even though the finished goods were exemp....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ods are either cleared to a free trade zone, SEZ, 100% EOU or are cleared for export under Bond without payment of duty. If the goods are exported on payment of duty after taking credit of duty paid on the inputs. and utilizing the same, then the question of refund of input duty would net arise. But is clearly the Government's policy not to export the domestic duties, on the finished goods or on t....