Indirect taxation-demand of duty at time of debonding

HANDEEP SINGH (Querist) 11 May 2013 This query is : Open
My query is there is a demand from department at time of Debonding of EOU of duty on Capital Goods at depreciated value as per N/N-22/2003,which says goods can be procured without payment of Duty. But being EOU goods are procured on payment of Duty then is duty payable at time of De-Bonding?

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