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

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....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....