https://www.taxtmi.com/caselaws?id=264097 The applicants, manufacturers of Synthetic Yarn, initially claimed duty drawback at 14.8% but were later found to have availed Cenvat credit, making them eligible for only a 3% rate. Despite failing to comply with the pre-deposit order, the applicants eventually succeeded in proving that they had proportionately reversed the Cenvat credit, entitling them to the higher 14.8% drawback rate. The government allowed the revision application, setting aside the initial decision and confirming the higher duty drawback rate for the applicants. en-us Fri, 12 Dec 2014 00:00:00 +0530 Thu, 17 Sep 2015 08:05:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264097 The applicants, manufacturers of Synthetic Yarn, initially claimed duty drawback at 14.8% but were later found to have availed Cenvat credit, making them eligible for only a 3% rate. Despite failing to comply with the pre-deposit order, the applicants eventually succeeded in proving that they had proportionately reversed the Cenvat credit, entitling them to the higher 14.8% drawback rate. The government allowed the revision application, setting aside the initial decision and confirming the higher duty drawback rate for the applicants. Case-Laws Customs Fri, 12 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264097