100% EOUs - Disposal of waste/scrap generated during the production by 100% EOUs - Fixation of percentage of disposal - Customs - F.No. 305/117/85-FTT

100% EOUs - Disposal of waste/scrap generated during the production by 100% EOUs - Fixation of percentage of disposal F.No. 305/117/85-FTT Dated 29-12-1986 Government of India Ministry of Finance Department of Revenue Central Board of Excise Customs, New Delhi Subject : 100% EOUs - Disposal of waste/scrap generated during the production by 100% EOUs - Fixation of percentage of disposal - Instructions - Regarding. The undersigned is directed to say that the question of fixation of percentage of disposal of waste/scrap generated during the manufacture of goods by 100% Export Oriented Undertakings has been examined by the Board of Approvals for 100% EOUs. It has now been decided that the percentage of scrap or waste material shall be either as per the norms in Annexure-V to Appendix-19 of the Import-Export Policy, 1985-88, subject to a maximum of 25%. In case the quantity of waste/scrap exceeds 25%, an amount equal to the duty leviable on mother material, out of which the scrap or waste has arisen, shall be charged on the excess quantity of scrap/waste under the proviso to Section 3 of the Central Excises Salt Act, 1944.