Nill Rate of Additional Excise Duty applicable on the day of clearance for yarn
The CESTAT, Ahmedabad in the case of M/s. Emtee Poly Yarn Pvt. Ltd. v. C.C.E. & S.T. VAPI allowed the appeal and set aside the demand, holding that the effective NIL rate of A.E.D. on the day of clearance would be applicable for the purpose of calculation of A.E.D.