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Export of Imported Items u/s. 74 - Cenvat Credit

This query is : Resolved 

03 January 2009 Dear Members

We are importing certain goods for trading purpose and generally the goods are distributed in India. We take CENVAT credit of CVD + Cess on CVD . Upon sale, we pass on the same to the buyer. Now, We are exporting some of the items to foreign country. Can we claim Drawback of the duty paid under section 74 or any other option ? If yes, what would happen to the credit we have taken in register. Custom Authority is asking for a certificate from Central Excise authority stating that No Cenvat credit is taken for the items being exported.

Early response in details will highly appreciated.

04 January 2009 Debit the credit taken in the register. Take a photocopy, get it certified by the range superintendent and claim drawback under Section 74 of the Custom Act.


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