https://www.taxtmi.com/caselaws?id=170487 The High Court upheld the lower authorities' decision to reject M/s. Hindustan Zinc Ltd.'s rebate claim for goods exported under specific notification due to non-payment of duty. The court found an abnormal increase in export value aimed at utilizing accumulated Cenvat credit. The transaction value was re-determined lower, and certification of treatment charges without a Chartered Accountant was deemed insufficient. The court ruled that refund of excess duty paid on exports should be in credit, not cash. The revision application was dismissed, affirming the assessable value determination and refund method. en-us Tue, 26 Mar 2013 00:00:00 +0530 Thu, 28 May 2015 11:07:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170487 The High Court upheld the lower authorities' decision to reject M/s. Hindustan Zinc Ltd.'s rebate claim for goods exported under specific notification due to non-payment of duty. The court found an abnormal increase in export value aimed at utilizing accumulated Cenvat credit. The transaction value was re-determined lower, and certification of treatment charges without a Chartered Accountant was deemed insufficient. The court ruled that refund of excess duty paid on exports should be in credit, not cash. The revision application was dismissed, affirming the assessable value determination and refund method. Case-Laws Central Excise Tue, 26 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170487