Rebate under rule 18

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Dnyaneshwar Ramesh Yeole (Querist)

19 March 2013 can you tell me the process for claiming rebate under rule 18

whether this amount is directly credited to bank account or receive a cheque

Rajeev Kumar Garg

Rajeev Kumar Garg (Expert)

20 March 2013 WHEN CENVAT IS ACCUMULATED AND UNIT IS NOT IN POSITION TO USE IT, GOODS CAN BE EXPORTED UNDER THE REBATE CLAIM. UNDER THIS PROCEDURE, CONSIGNMENT IS MOVED ON ARE-1 AFTER PAYMENT OF DUTY THROUGH CENVAT A/C. LATER, AN APPLICATION IS FILED ALONG WITH ALL RELATED DOCUMENTS i.e. ORIGINAL, DUPLICATE & TRIPLICATE COPIES OF ARE-1, SHIPPING BILL, BILL OF LADING, EXCISE INVOICE, COMMERCIAL INVOICE, PACKING LIST, COPY OF CENVAT A/C (FROM WHERE DUTY HAS BEEN PAID). THE WHOLE PROCEDURE IS DEFINED IN RULE 18 OF C.E.RULES, 2002 AND NOTIFICATION 19/2004-CE (NT) DTD. 06.09.2004.
AFTER SANCTION THE REBATE, A CHEQUE OF DUTY AMOUNT IS ISSUED BY THE DEPARTMENT NOT CREDITED TO BANK DIRECTLY.
THANKS.
Please click on "Thank User", if you are satisfied with my reply.
Rajeev Kumar Garg
(M.Com, L.L.B.)
Consultant (Excise, Customs & Service Tax)
Ph. no. +91 7500802402

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