2003 (1) TMI 500 - AT - Customs

Summary

The appeal was directed against an Order-in-Appeal passed by the Commissioner of Customs and Central Excise, Hyderabad. The appellants, a 100% EOU, sought remission of duty for imported raw materials that had deteriorated in value. The Tribunal found the party entitled to remission under Section 23(1) of the Customs Act for the imported raw materials only, not for materials procured or manufactured in the EOU. The appeal was disposed of accordingly.