Excisability of zinc dross - Board wants to revive the issue
The issue is more than 20 years old and the Supreme Court had held that it is not excisable, but Board seems to be having doubts. Board in a letter to the field, says, It holds that zinc dross is not goods because it is not marketable. However, from internet, it appears that zinc dross has considerable commercial value. It is also marketed and is a high value input for rubber investment, for Zinc Electroplating units, Paint industry, etc. The issue is under examination of the Board.
So Board wants the field to furnish information regarding revenue which is likely to be collected if the excise duty/CVD is charged on zinc dross.
CBEC F.No. 4/3/2007-CX.1 Dated : October 9, 2007