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Central Excise - Highlights / Catch Notes

Home Highlights April 2023 Year 2023 This

100% EOU - Since it is an admitted fact that the respondent ...

April 27, 2023

Case Laws     Central Excise     AT

100% EOU - Since it is an admitted fact that the respondent assessee had achieved value addition norms of about 25% and if we go by the minimum percentage of value addition prescribed in the exim policy, it is found that there has not been any substantial violation of value addition norms by the respondent’s 100% EOU. Thus there are no violation of the conditions of the exemption notification. - No demand can sustained - AT

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