Nill Rate of Additional Excise Duty applicable on the day of clearance for yarn

Emtee Poly Yarn Pvt Ltd Vs C.C.E. & S.T.-Vapi (CESTAT Ahmedabad) The case of M/s. Emtee Poly Yarn Pvt. Ltd. v. C.C.E. & S.T. VAPI [Excise Appeal No. 11418 of 2014 dated September 11, 2023], heard by the CESTAT Ahmedabad, revolved around the applicability of Additional Excise Duty (“A.E.D.”) at a nil rate on the day of clearance for yarn. The tribunal’s decision, rendered on September 11, 2023, allowed the appeal and annulled the demand for Excise Duty, concluding that a nil rate of A.E.D. on the day of clearance should be applied.  CESTAT, Ahmedabad allowed the appe...