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<h1>Appeal Dismissed: Rebate Claim Not Deductible</h1> <h3>SAURASHTRA CHEMICALS Versus COLLECTOR OF CENTRAL EXCISE, BOMBAY</h3> SAURASHTRA CHEMICALS Versus COLLECTOR OF CENTRAL EXCISE, BOMBAY - 1997 (94) E.L.T. 136 (Tribunal) The appeal was against the rejection of a claim for deduction of rebate amount from the assessable value in the case of a manufacturer of Soda Ash Light and Dense. The Tribunal dismissed the appeal, holding that the rebate claimed was in the nature of loan repayment and not admissible as a deduction. The decision was based on a previous case involving similar facts.