https://www.taxtmi.com/caselaws?id=209480 Rebate of duty was held admissible on export of inputs or capital goods cleared after reversal of Cenvat credit. Rule 3(4) of the Cenvat Credit Rules, 2002 requires payment of an amount equal to the duty leviable on such goods, and Rule 3(5) treats that amount as duty paid; the earlier Modvat principle under Rule 57F(1)(ii) was applied on the basis that the 2002 Rules are pari materia. The objection that credit reversal is not duty payment was rejected, and the exported goods' identity was treated as established through ARE 1 forms certified by Customs authorities. en-us Wed, 23 Mar 2011 00:00:00 +0530 Thu, 21 May 2020 13:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209480 Rebate of duty was held admissible on export of inputs or capital goods cleared after reversal of Cenvat credit. Rule 3(4) of the Cenvat Credit Rules, 2002 requires payment of an amount equal to the duty leviable on such goods, and Rule 3(5) treats that amount as duty paid; the earlier Modvat principle under Rule 57F(1)(ii) was applied on the basis that the 2002 Rules are pari materia. The objection that credit reversal is not duty payment was rejected, and the exported goods' identity was treated as established through ARE 1 forms certified by Customs authorities. Case-Laws Central Excise Wed, 23 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209480