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Discussion > Excise >

difference between refund and rebate claim

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MANAGER SCM

[ Scorecard : 32]
Posted On 13 January 2010 at 13:38 Report Abuse

pls provide difference between    refund claim and rebate claim

why two word used??   pls give information about procedure.

regds

kuldeep singh

 

 

 


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muttu
Article

[ Scorecard : 57]
Posted On 13 January 2010 at 16:05

please  refer the rule 18 and 19  of Central Excise rule





Arun Kumar Singh
Tax Consultant

[ Scorecard : 9781]
Posted On 15 January 2010 at 01:00

Basic distinction between refund and rebate is that in case of refund, the amount is returned to the person who had paid it, while in case of rebate, the amount may be retured to some one else too.



Total thanks : 1 times



Jeevesh
Advocate- Tax/Corporate

[ Scorecard : 731]
Posted On 15 January 2010 at 16:02

Dear Kuldeep,

Refund is some thing which can arise in the normal course of transactions. Like Excess payment of duty, paid duty where it was not required to be paid.

Rebate is some thing which arises out of export transactions.

Regards

 

 




Madhukar N Hiregange
Chartered Accountant

[ Scorecard : 19292]
Posted On 17 January 2010 at 11:08

Rebate is a mechanism by which alternatives to get monies back have been notified. At times they are simplar than the refund under rule 5. Also option of rebate on duty paid allows usage of old credits without link to the use for the exports.



Total thanks : 2 times



Ashish Ojha
Chartered Accountant

[ Scorecard : 462]
Posted On 18 January 2010 at 19:05

Mr. Arun,  thanx for ur Answer. Can you please give any example.....




Arun Kumar Singh
Tax Consultant

[ Scorecard : 9781]
Posted On 19 January 2010 at 11:05

For example, in case of rebate of duty paid on inputs, the amount is returned to the exporter who cleared final products while duty was actually paid by supplier of inputs. Similarly, in case of export through merchant exporter, duty paid by manufacturer, while rebate can be granted to merchant exporter.



Total thanks : 3 times



Sunil Kumar G
AGM Taxation

[ Scorecard : 342]
Posted On 23 June 2012 at 14:29

Under Section 11B of the Central Excise Act, refund includes rebate also. Rebate as prescirbed under Rule 18 is a sort or mode of refund.




amitabha mukherjee
excise executive

[ Scorecard : 215]
Posted On 23 June 2012 at 18:41

''Refund is some thing which can arise in the normal course of transactions. Like Excess payment of duty, paid duty where it was not required to be paid.

Rebate is some thing which arises out of export transactions.""

Absolutely correct

 

Thnx

Amitabha




aditya jajodia
student

[ Scorecard : 21]
Posted On 21 October 2013 at 19:40

So basically in refund we get our money back for the reasons mentioned as above... but in rebate do we avail cenvat credit or get a part of our money back or we pay duty at subsidised rate??


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