Refund of cenvat credit.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 August 2013 We are manufacture of automotive part and our goods clearance is to domestic and to export market.Against removal to export market we avail DRAWBACK benefit.There is no require to pay excise duty through PLA since april-13 and inspite of monthly deduction of excise duty liability amount, healthy amount lying in our cenvat (input & service tax) credit account.Please guide us that how can we utilize or get this amount back.

Thanks,

Arun Kumar Singh

Arun Kumar Singh (Expert)
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18 August 2013 If you have excess cenvat credit then you can export the goods with payment of duty under rule 18 of central excise rules 2002 and then you can take the refund. you should consult with any professional.

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