Dear Friends.
We are an SSI Unit manufacturing Aluminium Foils and sent Items to SEZs and EOUs. Thus we have around Rs.11 Lakhs CENVAT Credit. Now are going to do Exports while taking IEC Code. What my querry is how we obtain Cenvat credit while doing Exports. I Mean if we use Cenvat Credit mentioned earlier, can we use against Exports? (Is there any type of scheme like Duty rebate or anything.) Experts Kindly give clarification regading this. Whats the way to utilize our Cenvat Credit piled up. Is there any refund rules? Thanks in Advance.
Best Regards