Difference between refund and rebate in excise

Anyone please clarify the difference between refund u/r19  and rebate u/r 18, claimed under Central Excise

Tax Consultant

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 returned to the some one else too. 


Generally speaking, Rebate pertains to refund of duty given to thr exporter, while Refund pertains to refund given in case of excess payment of duty but it alos includes REFUND OF UN-UTILISED CREDIT OF CENVAT CREDIT OF DUTY PAID ON INPUTS/INPUT SERVICES ALLOWED TO THE MANUFACTURERS WHO EXPORT THE GOODS/SERVICES BY USING SUCH INPUT OR INPUT SERVICES


rakshIt verma



Your are not logged in . Please login to post replies

Click here to Login / Register  


× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs