https://www.taxtmi.com/caselaws?id=758448 The Bombay HC allowed a petition challenging rejection of excise duty rebate claim on exported buses. Despite petitioner's failure to file required declaration and Form ARE-2, the court found that buses were admittedly exported with foreign exchange received. The rebate claim related specifically to excise duty on chassis, with each chassis corresponding to one exported bus through traceable invoice numbers. The court held that input-output ratio submission was inconsequential given the direct correlation between chassis and exported buses. Orders rejecting the rebate application were quashed, and authorities were directed to consider the Rs.42,02,638 rebate claim on merits without rejecting based on missing declaration and input-output ratio. en-us Fri, 06 Sep 2024 00:00:00 +0530 Sat, 14 Sep 2024 08:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758448 The Bombay HC allowed a petition challenging rejection of excise duty rebate claim on exported buses. Despite petitioner's failure to file required declaration and Form ARE-2, the court found that buses were admittedly exported with foreign exchange received. The rebate claim related specifically to excise duty on chassis, with each chassis corresponding to one exported bus through traceable invoice numbers. The court held that input-output ratio submission was inconsequential given the direct correlation between chassis and exported buses. Orders rejecting the rebate application were quashed, and authorities were directed to consider the Rs.42,02,638 rebate claim on merits without rejecting based on missing declaration and input-output ratio. Case-Laws Central Excise Fri, 06 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758448