As per notification no 19/2004, if any goods is exported then rebate is granted of duty paid on final product or duty paid on raw materials, i would like to know if final product is exempt from excise duty, then can company take the rebate of duty paid on raw material.
If final product is exempt from duty. In such case, the exporter can claim rebate of duty paid on excisable materials used in the manufacture of export goods except in case of export to Nepal and Bhutan. Provision for granting such rebate is made in rule 18 of CE Rules. In CBE&C circular NO. 928/18/2010-CX dated 28.06.2010, it has been stated that if final producat is exempt, assessee should follow procedure under Notification No. 21/2004-CE(NT) dated 06.09.2004 to obtain rebate of duty paid on inputs.
A R JADHAV AND ASSOCIATES
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