https://www.taxtmi.com/caselaws?id=49203 Rebate under Rule 12(1)(a) was admissible on export clearances of picture tubes made under the DEEC Scheme against VABAL licences issued after 1-4-1995, because the exports were effected under Notification No. 79/95-Cus. and not Notification No. 203/92-Cus. The earlier notification barred input credit, but the later notification exempted basic customs duty only and did not prohibit Modvat credit on inputs. The corresponding circular also clarified that input duty credit could be taken as Modvat credit. Accordingly, there was no legal bar to availing Modvat credit and debiting it for duty on export clearances, and rebate could not be denied by relying on the earlier notification. en-us Mon, 25 Oct 1999 00:00:00 +0530 Thu, 12 Aug 2010 14:05:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49203 Rebate under Rule 12(1)(a) was admissible on export clearances of picture tubes made under the DEEC Scheme against VABAL licences issued after 1-4-1995, because the exports were effected under Notification No. 79/95-Cus. and not Notification No. 203/92-Cus. The earlier notification barred input credit, but the later notification exempted basic customs duty only and did not prohibit Modvat credit on inputs. The corresponding circular also clarified that input duty credit could be taken as Modvat credit. Accordingly, there was no legal bar to availing Modvat credit and debiting it for duty on export clearances, and rebate could not be denied by relying on the earlier notification. Case-Laws Customs Mon, 25 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49203