https://www.taxtmi.com/caselaws?id=51908 Re-imported goods exported earlier under bond without Central Excise duty attracted a duty burden, under Notification No. 94/96-Cus., equivalent in substance to additional duty of customs equal to Central Excise duty. The mere fact that customs booked the amount under the head of basic customs duty did not change its true character. Modvat credit was therefore admissible on the duty paid at re-importation, and denial of credit was unsustainable. en-us Wed, 28 May 2003 00:00:00 +0530 Wed, 29 Sep 2010 11:51:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51908 Re-imported goods exported earlier under bond without Central Excise duty attracted a duty burden, under Notification No. 94/96-Cus., equivalent in substance to additional duty of customs equal to Central Excise duty. The mere fact that customs booked the amount under the head of basic customs duty did not change its true character. Modvat credit was therefore admissible on the duty paid at re-importation, and denial of credit was unsustainable. Case-Laws Central Excise Wed, 28 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51908