Hello professionals..!!
There is a manufacturing company having 90% export turnover.
The company use input material and input services in manufacturing of final product.
Excise duty paid on input material is claimed as rebate by filing A.R.E.2.
Can the company tax CENVAT credit of service tax paid on input services??
Can the company claim refund of CENVAT under Rule 5 of CENVAT Credit rules?
Can both is allowed together?
Is there any other suitable way to get refund of Input credit?
Thank u in advance.