Dear Sir,
iam working in manufacturing unit as accounts executive, last month we export the Excisable goods under LUT,
is it possible to get rebate this, please let me know
thanks & regards
Arun
arun kumar (accountant) (67 Points)
27 February 2014Dear Sir,
iam working in manufacturing unit as accounts executive, last month we export the Excisable goods under LUT,
is it possible to get rebate this, please let me know
thanks & regards
Arun
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 27 February 2014
If you export the goods under rule 18 of central excise rule 2002 with payment of duty then you can get the rebate.
arun kumar
(accountant)
(67 Points)
Replied 27 February 2014
thank you sir,
goods cleared under LUT Bond, we mention LUT Bond number on ARE 1, please let me know is it possible to get the rebate amount,
if it is possible please send me the procedure.
regards
Arun
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 27 February 2014
You are not eligiable to get rebate. You have expoted the goods under UT-1 without payment of duty.
arun kumar
(accountant)
(67 Points)
Replied 27 February 2014
sir,
our input cenvat credit is more than 10 lac, if we export next time without payment of duty, what will i do and what will i mention in ARE 1.
regards
Arun