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Refund of excise duty

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 January 2014 Dear Experts,

We are in the business of Manufacturing & Exporting.

We take a CENVAT credit on the purchase of Raw-materials, Consumables, Tools & Spares.

We debit the CENVAT when we make a DTA sales & stock transfer.

We export the goods under LUT & Under Rebate.

When we export under Rebate,we debit the duty and get the same amt as rebate.

As we export mainly under LUT, lot of CENVAT has pilied-up.

I would like to know, whether I can get the CENVAT amt lying refuned.

Thanks a lot, in advance.




28 January 2014 If you have lots of cenvat credit accumulated in the stock then you should export the goods with payment of duty then you can apply for rebate of duty. rebate and refund of duty will be available within 1 year from the export of goods.


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