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rule 18

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 September 2010 Ours is excisable product and we intend to export the same.

Query:
1) For claiming rebate, whether i should first pay the duty through challan on removal of goods from factory and then claim rebate.

2) When can i claim the rebate

24 September 2010 If the goods are exported to countries other than Nepal and Bhutan then you can claim rebate of duty. You have to pay the duty on your final product. It can be paid from cash or Cenvat credit. Normally, exporter pays the duty from Cenvat credit. No prudent exporter will pay the duty in cash and then claim rebate from department. They will persue the alternative route of export under bond or undertaking. so, if you have Cenvat balance then pay from the same and claim rebate. But if you do not have Cenvat balance then export under bond or undertaking.


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