https://www.taxtmi.com/caselaws?id=219822 Rebate on exported processed fabrics was unavailable where the claimant relied on CENVAT credit passed through weavers' invoices but had not taken the reasonable steps required under the Explanation to Rule 7(2) of the Cenvat Credit Rules, 2002. The Gujarat High Court applied its earlier decision and held that invoices and banking-channel payment alone did not establish valid credit for rebate purposes unless the prescribed verification steps showed that duty had been properly paid on the inputs. As the statutory precondition was not satisfied, the Revenue's denial of rebate was upheld. en-us Thu, 11 Oct 2012 00:00:00 +0530 Sat, 11 May 2013 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219822 Rebate on exported processed fabrics was unavailable where the claimant relied on CENVAT credit passed through weavers' invoices but had not taken the reasonable steps required under the Explanation to Rule 7(2) of the Cenvat Credit Rules, 2002. The Gujarat High Court applied its earlier decision and held that invoices and banking-channel payment alone did not establish valid credit for rebate purposes unless the prescribed verification steps showed that duty had been properly paid on the inputs. As the statutory precondition was not satisfied, the Revenue's denial of rebate was upheld. Case-Laws Central Excise Thu, 11 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219822