100% EOU - calculation of Central Excise duty and Customs duty ...

CBEC Circular Cannot Override Exemption Notifications for Depreciation on Capital Goods in EOUs, Court Rules.

October 15, 2022

Case Laws Central Excise AT

100% EOU - calculation of Central Excise duty and Customs duty on the depreciated value of the capital goods - the CBEC circular is an administrative order binding on the departmental officer but it cannot prevail over on delegated legislation in the form of an exemption notification. When the notification itself has allowed depreciation for the entire quarter the circular cannot restrict it to part of it. - AT

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100% EOU - calculation of Central Excise duty and Customs duty ...

CBEC Circular Cannot Override Exemption Notifications for Depreciation on Capital Goods in EOUs, Court Rules.

October 15, 2022

Case Laws Central Excise AT

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