23 March 2014
Respected Sir, we are a exporter of foods items , we export the goods under duty draw back schemes , we have a some exempted finished goods and one is dutiable finished goods , so can we take the credit of input duty and service tax for all the items or can take the credit only for the duty and service tax related with the dutiable goods , if yes can we file refund claim on the duty and service tax credited
24 March 2014
You can take the refund/rebate of input, input services and capital goods for dutiable goods manufactured by you. But If you will take the refund of cenvat credit of input and duty drawback will be get without cenvat credit. Your drawback amount will be short.