Case Law Analysis
|Custom, Excise & Service Tax Tribunal
FTP Para 6.15 | Destruction of Duty-Free Inputs by 100% EOUs Does Not Attract Customs/Excise Duty: CESTAT Chennai Holds 2015 Amendments Retrospective
CESTAT Chennai rules that 100% Export Oriented Units (EOUs) destroying duty-free inputs under FTP Para 6.15 are not liable for Customs or Excise duty, even pre-2015. The Tribunal held the 2015 amendments clarificatory and retrospective, shielding EOUs from duty demands, interest, and penalties for obsolete inputs destroyed with due intimation to authorities.