2002 (9) TMI 181 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Bangalore ruled in favor of the appellant, an EOU manufacturing Soft Ferrite grade Ferric Oxide, Barium Ferrite powder, and Strontium Ferrite powder. The Tribunal held that demands of duty under the Customs Act were not applicable to EOUs and were barred by limitation. The Tribunal also found that Ferric Oxide was considered a finished product by the SIA, therefore rejecting the lower authorities' classification of it as an intermediate product. Consequently, the Tribunal set aside the lower authorities' orders and allowed the appeals.