Clarification on Duty Rebates: Rebates Based on Actual Duty Paid, Not Duty Payable, Allowing Exporters Flexible Payment Options.

Clarification on Duty Rebates: Rebates Based on Actual Duty Paid, Not Duty Payable, Allowing Exporters Flexible Payment Options. https://www.taxtmi.com/highlights?id=71939 Rebate / Refund of duty paid on Export Goods - Recovery of alleged excess grant of rebate - As far as availability of rebate is concerned, the notification providing for rebate talks of “duty paid” rather than “duty payable” and as such a manufacturer-exporter has a choice to pay the duty as per the basic rate or after availing the partial exemption and rebate shall be granted on the “duty paid”. - AT en-us Tue, 12 Sep 2023 09:23:33 +0530 Tue, 12 Sep 2023 09:23:33 +0530 TaxTMI RSS Generator Clarification on Duty Rebates: Rebates Based on Actual Duty Paid, Not Duty Payable, Allowing Exporters Flexible Payment Options. https://www.taxtmi.com/highlights?id=71939 Rebate / Refund of duty paid on Export Goods - Recovery of alleged excess grant of rebate - As far as availability of rebate is concerned, the notification providing for rebate talks of “duty paid” rather than “duty payable” and as such a manufacturer-exporter has a choice to pay the duty as per the basic rate or after availing the partial exemption and rebate shall be granted on the “duty paid”. - AT Highlights Central Excise Tue, 12 Sep 2023 09:23:33 +0530 https://www.taxtmi.com/highlights?id=71939