EOU Denied Concessional Duty Rate for Domestic Clearances; Consumables Not Considered Raw Materials Under Excise Duty Rules.

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....100% EOU - Eligibility of concessional rate of duty on domestic clearances - the condition stipulated for eligibility to excise duties, instead of half of the aggregate of duties of customs, that ‘raw materials’ be domestically procured does not permit the latitude of treating ‘consumables’ as ‘raw materials.’ - AT....