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Input tariff Rate is higher than finish product.

This query is : Resolved 
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(Querist)
16 February 2010 Dear sir,

When we import/purchase raw material excise is charges @ 14% in the contrary we have to pay @ 8% when we clear our finished goods. what will we do with excess cenvat credit, is there any option to get back of excess credit.

Please advice me sir.

With Regards


Pankaj Naidu
pankaj.naidu@adityabirla.com
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ANIL JANGID

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ANIL JANGID (Expert)
28 February 2010 YOU CAN UTILISED EXCESS EXCISE DUTY TO CLEAR EXPORTABLE GOODS AND CLAIM REFUND.

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