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Central Excise - Highlights / Catch Notes

Home Highlights July 2017 Year 2017 This

100% EOU - refund claim - commission given to foreign agent - As ...


Court Rules Denial of Credit for Foreign Agent Commissions Unjustified; Expenses Essential for EOU's Export Obligations.

July 29, 2017

Case Laws     Central Excise     AT

100% EOU - refund claim - commission given to foreign agent - As a 100% EOU it is required to achieve positive net foreign exchange for which they have to ensure constant foreign market for their products - denial of credit is unjustified

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