2015 (10) TMI 427 - SCH - Central Excise

100% EOU - DTA Clearances - whether the appellant is eligible to clear into DTA 50% of their FOB value of exports of deemed exports or not - Supreme Court after hearing the parties and condoning the delay did not find any reason to interfere with the order of Tribunal 2014 (6) TMI 128 - CESTAT AHMEDABAD ; wherein tribunal held that assessee is eligible to clear goods to Domestic Tariff Area by taking 50% of the deemed exports value as their eligibility.

Summary

The Supreme Court condoned the delay and dismissed the appeal against the judgment passed by the Customs, Excise & Service Tax Appellate Tribunal. The Court found no reason to interfere with the Tribunal's order.