17 March 2013
YES, GOODS CAN BE EXPORTED UNDER THE REBATE CLAIM WHEN CENVAT IS ACCUMULATED AND UNIT IS NOT IN POSITION TO USE IT. UNDER THIS PROCEDURE, CONSIGNMENT IS MOVED ON ARE-1 AFTER PAYMENT OF DUTY THROUGH CENVAT A/C. LATER, AN APPLICATION IS FILED ALONG WITH ALL RELATED DOCUMENTS. THE WHOLE PROCEDURE IS DEFINED IN RULE 18 OF C.E.RULES, 2002 AND NOTIFICATION 19/2004-CE (NT) DTD. 06.09.2004.
If you are satisfied, please click on "Thank User" Thanks. Rajeev Kumar Garg (M.Com, L.L.B.) Consultant (Excise, Customs & Service Tax) Ph. no. +91 7500802402
CAclubindia
