2004 (3) TMI 213

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....)]. - The appellant is a manufacturer of Paracetamol. It paid excise duty at the rate of 20% ad valorem on some consignments which were exported. These payments were from Modvat account (RG 23A). The rate adopted was incorrect because under Notification No. 6/94, dated 1-3-94, the effective rate of duty had been fixed at 10%. The appellant was paying duty at the correct lower rate on goods which w....

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....has reiterated the findings in the impugned order and has submitted that through this device, the appellant has managed to obtain a higher amount of Modvat credit as cash rebate than is actually due on the quantity of export. The Revenue, however, has not shown that the amount of rebate obtained by the appellant was more than the duty payable on the exported goods as well as the inputs used in pro....