We have taken an Advance Licence against an export order. we want to export the goods by paying excise duty (by using our cenvat credit amount), and want to claim refund of excise duty. Is it possible?
Asa Dev (Manager (Sales)) (24 Points)
21 October 2014We have taken an Advance Licence against an export order. we want to export the goods by paying excise duty (by using our cenvat credit amount), and want to claim refund of excise duty. Is it possible?
pintu
( Executive)
(174 Points)
Replied 26 October 2014
R P Ananthakumar
(Sr. Officer - Central Excise/Cash)
(514 Points)
Replied 27 October 2014
Sir,
You can go for export under rebate, it is the easiest way to convert your credit balance into cash.
Regards,
RP Ananathakumar
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
