Central Excise - Rebate of excise duty for promoting use of specified raw materials - Calculation of assessable value - Regarding

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..... e (Department of Revenue) New Delhi Subject : Central Excise - Rebate of excise duty for promoting use of specified raw materials - Calculation of assessable value - Regarding. The Audit had raised an objection on the method of determining the assessable value from the cum-duty price of soap/vegetable products on which rebate had been claimed for use of certain specific oils used in the manufac .....

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..... the Departmental reply to the audit, the stand taken was that such notifications providing for the rebate, even though issued under Rule 8(1) of the Central Excise Rules, 1944 have to be distinguished from usual exemptions prescribing effective rates of duty, particularly looking to the effect that such rebate was intended to encourage use of certain specified oils in the manufacture of soap. It .....

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..... ve existed in respect of Vegetable Products where also a rebate scheme exists for use of certain specified minor oils in the manufacture of vegetable products. The above guidelines could be kept in view in deciding any pending assessment case relating to vegetable product as well. 6. Incidentally, the problem of determining the assessable value of vegetable product or soap from the cum-duty price .....

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