Relevant date for excise refunds clarified; substitution replaces payment-date rule with specified export and adjustment events. Amendment substitutes 'from the relevant date' for 'from the date of payment of duty' and replaces the Explanation to define 'refund' to include rebates on exported excisable goods and materials, and to define 'relevant date' by specific events: export dispatch or frontier crossing or postal despatch; factory entry for returned goods for reprocessing; factory entry for goods subject to banderol rules; date of reduction of a previously notified provisional rate; date of adjustment after final assessment of provisionally paid duty; and otherwise the date of payment of duty.
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Relevant date for excise refunds clarified; substitution replaces payment-date rule with specified export and adjustment events.
Amendment substitutes "from the relevant date" for "from the date of payment of duty" and replaces the Explanation to define "refund" to include rebates on exported excisable goods and materials, and to define "relevant date" by specific events: export dispatch or frontier crossing or postal despatch; factory entry for returned goods for reprocessing; factory entry for goods subject to banderol rules; date of reduction of a previously notified provisional rate; date of adjustment after final assessment of provisionally paid duty; and otherwise the date of payment of duty.
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