https://www.taxtmi.com/caselaws?id=354594 The High Court upheld the petitioner's challenge to an order confirming departmental decisions on rebate claims for excise duty paid on goods exported. The Court determined that excise duty should be paid on FOB value, not CIF value, leading to the excess amount paid on CIF value being considered a voluntary deposit refundable to the petitioner. The Court directed the authorities to recredit the excess amount paid to the petitioner's Cenvat credit account, in accordance with previous judgments and circulars, ensuring the rightful refund of the excess amount paid. en-us Tue, 09 Jan 2018 00:00:00 +0530 Wed, 27 Jun 2018 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354594 The High Court upheld the petitioner's challenge to an order confirming departmental decisions on rebate claims for excise duty paid on goods exported. The Court determined that excise duty should be paid on FOB value, not CIF value, leading to the excess amount paid on CIF value being considered a voluntary deposit refundable to the petitioner. The Court directed the authorities to recredit the excess amount paid to the petitioner's Cenvat credit account, in accordance with previous judgments and circulars, ensuring the rightful refund of the excess amount paid. Case-Laws Central Excise Tue, 09 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354594