Rebate of excise duty on exported processed textiles permitted, applying prescribed computation formula and allowing amended claims for specified periods. Exporters of processed textile fabrics notified under section 3A are entitled to rebate of excise duty for goods cleared from factories of independent manufacturers or processors during the earlier specified periods; the later notifications prescribing a computation formula merely provide a method to ascertain duty content and do not create or extinguish the pre-existing rebate right. The prescribed formula and procedures should be applied to compute rebates, exporters may submit amended calculation sheets for pending claims, and all such claims must be prioritized.
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Provisions expressly mentioned in the judgment/order text.
Rebate of excise duty on exported processed textiles permitted, applying prescribed computation formula and allowing amended claims for specified periods.
Exporters of processed textile fabrics notified under section 3A are entitled to rebate of excise duty for goods cleared from factories of independent manufacturers or processors during the earlier specified periods; the later notifications prescribing a computation formula merely provide a method to ascertain duty content and do not create or extinguish the pre-existing rebate right. The prescribed formula and procedures should be applied to compute rebates, exporters may submit amended calculation sheets for pending claims, and all such claims must be prioritized.
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