Wednesday 11 March 2015

Department rightly denied input stage rebate as assessee didn’t follow prescribed procedure in this

Central Excise : Where necessary declaration describing inputs to be used with input-output ratio was not made, Excise Authorities had no opportunity to verify said ratio; hence, assessee could not be granted input-stage rebate even if rebate was as per standard input-output norms (SION) under Foreign Trade Policy


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