https://www.taxtmi.com/caselaws?id=83825 Refund under Rule 173L cannot be denied merely because the market value of returned rejected goods is below the duty originally paid where the goods never entered the market stream and permission to operate under Rule 173L was granted on the peculiar facts, subject to conditions for a limited period. In such circumstances, the earlier grant of permission indicates that a normal market-value enquiry may not govern the claim. The operative effect is that, once rejected goods are brought back after inspection and remanufacture and were never sold in the market, a later objection based solely on market value is not sustainable. en-us Fri, 29 Jan 1993 00:00:00 +0530 Mon, 18 Jul 2011 12:01:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83825 Refund under Rule 173L cannot be denied merely because the market value of returned rejected goods is below the duty originally paid where the goods never entered the market stream and permission to operate under Rule 173L was granted on the peculiar facts, subject to conditions for a limited period. In such circumstances, the earlier grant of permission indicates that a normal market-value enquiry may not govern the claim. The operative effect is that, once rejected goods are brought back after inspection and remanufacture and were never sold in the market, a later objection based solely on market value is not sustainable. Case-Laws Central Excise Fri, 29 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83825