The company(Herewith refered as "A") is a exporter of exciseable goods, The company sales to merchant exporter against Form H i.e. without excise, but the company A takes input of excise paid on raw material procured by them for manufacturing of product meant to be sold to merchant exporter.
01 August 2015
If you are exporting dutiable goods , cenvat of inputs can taken which can be used for payment of excise duty /even you can claim for refund.
The co has sold against Form H whereby it has not charged Excise to the customer. So the issue is, can it claim credit of Input of Raw Material used to manufacture a exciseable goods which are cleared without charging excise duty.
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