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Customs - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Benefit of exemption notification -EOU - export of cotton waste ...

Case Laws     Customs

August 16, 2019

Benefit of exemption notification -EOU - export of cotton waste generated in manufacturing of cotton yarn - the cost of production of the finished goods invariably subsume the value of the materials that are embedded in the waste, hence such value have already been either included in the obligation for export or subject to rate of duty not less than that suffered by a domestic unit - no need for repay duties foregone at the time of import

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