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of <h1>Amendment to Rule 12: Excise Duty Rebates Clarified, Prevents Double Benefits with Drawbacks and Modvat Credit Claims.</h1> The Central Excise Circular No. 417/50/98-CX dated September 2, 1998, addresses amendments to rule 12 of the Central Excise Rules, 1944. The amendment allows for the rebate of excise duties not covered by the All Industry Rate or Brand Rate of the Drawback Rules, which were previously mutually exclusive with rebates under rule 12. The amendment ensures that exporters receiving rebates do not also claim drawbacks under the Customs and Central Excise Duty Drawback Rules, 1995, or avail Modvat credit for the same duties, preventing double benefits.
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