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,
Thanks,
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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