https://www.taxtmi.com/caselaws?id=167253 Exemption and rebate notifications in excise must be strictly construed, and the expression "duty leviable" is tied to the duty actually payable when goods are removed from the factory. The rebate therefore had to be computed by reference to the tariff valuation and duty in force on the date of clearance, not an abstract fixed rate divorced from the statutory scheme. The incentive character of the notification did not justify extending its scope on equitable grounds. The restricted rebate was upheld and the assessee's claim for the larger amount failed. en-us Fri, 22 Jun 1984 00:00:00 +0530 Fri, 12 Dec 2014 17:32:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167253 Exemption and rebate notifications in excise must be strictly construed, and the expression "duty leviable" is tied to the duty actually payable when goods are removed from the factory. The rebate therefore had to be computed by reference to the tariff valuation and duty in force on the date of clearance, not an abstract fixed rate divorced from the statutory scheme. The incentive character of the notification did not justify extending its scope on equitable grounds. The restricted rebate was upheld and the assessee's claim for the larger amount failed. Case-Laws Central Excise Fri, 22 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167253