2011 (4) TMI 1314 - SCH - Central Excise

DTA Clearances - Whether waste and rejects cleared by the assessee in the DTA would not be includible in the DTA sales entitlement of 50% of the FOB value of the exports made during the previous financial year.

Summary

The Supreme Court upheld the decision of the Customs, Excise and Gold (Control) Appellate Tribunal, ruling that 'waste' and 'rejects' cleared by the assessee in the DTA are not included in the DTA sales entitlement of 50% of the FOB value of exports. The appeal was dismissed for lacking merit.