Rebate of Excise duty admissible on both inputs & final products
Last updated: 05 April 2016
Court :
Supreme Court
Brief :
Hon’ble Apex Court held that it cannot be the intention of the Legislature to provide rebate only on one item i.e. either on inputs or final products. It was further held that giving such restrictive meaning to Rule 18 of the Excise Rules would not only be anomalous and absurd, but, it would defeat the very purpose of grant of remission from payment of Excise duty in respect of the goods which are exported out of India.
Citation :
[Commissioner of Central Excise Nagpur and Anr Vs. Spentex Industries Ltd and Anr (2016-TIOL-34-SC-CX)]
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Bimal Jain
Published in Excise
Views : 5725
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