16 July 2011
Ours is a manufacturing company having domestic as well as export sales. we are importing raw material by paying 5% customs duty 10% CVD and 4% Additional duty. CVD and Adl.duty are eligible for Cenvat credit. As our export is duty free our accumulation on cenvat credit is more can we claim refund or can we charge duty on export and avail rebate for export? please suggest