Delhi HC turns down Grasim plea on excise duty rebate .

The Delhi High Court has turned down a plea by the Aditya Birla Group firm Grasim Industries seeking excise duty rebate on raw materials used for export items.

A bench headed by justices Badar Durez Ahmed and VK Jain said the textile manufacturer is already getting rebate on finished products and hence cannot get such exemptions on raw materials used in it.

Dismissing the petition, the judges quoted a previous Bombay High Court order in a similar case, and said, “the government had correctly followed the decision of the Bombay High Court in coming to the view that the petitioner was not entitled to rebate o f duty paid on raw materials after it had already been granted rebate in respect of duty paid on finished products.” - PTI

Source :- thehindubusinessline.com