EOU permitted to destroy obsolete goods on payment of duty on scrap value

Tyco Electronics Corporation India (P) Ltd. Vs Commissioner of Central Excise & Service Tax (CESTAT Bangalore)

CESTAT Bangalore held that destruction of obsolete goods allowed to EOU on payment of duty on scrap value. Accordingly, held that when goods are destroyed EOU is not liable to pay duty on original value at the time of import.

Facts- The Appellant is an EOU manufacturing connectors and other items. As part of their routine business, they have imported raw mater

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