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Excise duty benefit to exporters

1109 views 1 replies

Atul Lakhotia

Manager

34 Points Posted on 23 December 2013

Sir,

We are involved in export of products bought from the market to various countries. Some of these products have inbuilt excise duty but we are not registered with Central Excise. Also, we claim duty drawback on the exported goods.

I would like to know if, after registering with the Central Excise, we can claim cenvat refund along with the drawback on the exported goods for which we have paid excise duty. Also, will the cenvat credit be accumulated and passed on to the next financial year or we can claim the refund.

Best Regards

Atul

Replies (1)

Arun Kumar Singh

GST Advocate

15220 Points Posted on 27 December 2013

No need to registered under central excise. You can export the goods under ARE-2 application for removal of goods for export under claim for rebate of duty paid on excisable materials used in the manufacture and packing of such goods and removal of dutiable excisable goods for export under claim for rebate of finished stage Central Excise Duty or under bond without payment of finished stage Central Excise Duty leviable on export goods. If you will take the benefit of cenvat credit of excise duty then duty drawback can be reduce. You will take the duty drawback with cenvat.