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Claim excise duty and other export benefit

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..... Dear Experts, We have removed export with payment of duty under rule18 of CE Rules, 2002 and claim excise duty from Department. we have also availing the export benefit like depb/drawback and focus product scheme under chapter 3 of foreign trade policy . Can we avail all benefit simuntaniously. Excise dept. raise a question that only one benefit is elegible for export. pl explain and ad .....

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..... vice. thanks - Reply By Pradeep Khatri - The Reply = You can avail following benefits, namely: Rebate Cliam DEPB or Drawback as the case may be FPS (it is over and above all export benefits) - Reply By RAM NAUDIYAL - The Reply = Can you provide me any notification in this regards. - Reply By Pradeep Khatri - The Reply = These all benefits which have been stated above, are en .....

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..... shrined in the Central Excise Act read with Rules, FTP and HOP Vol.1 Recently, there was change in the All Industry Drawback Rates. - Reply By Manjiri Patankar - The Reply = since 31/03/2011, DEPB has gone. You can not claim drawback Rebate at the same time (On ARE-1 itself you have to certify). You can claim FPS because o bjective of FPS is to promote export of products which have high exp .....

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..... ort intensity / employment potential, so as to offset infrastructural inefficiencies and other associated costs involved in marketing of these products. - Reply By vijay kumar - The Reply = For Rule 18 , the Nofn. is 19/2004-CE(NT) ; There is no DEPB scheme now; For DBK, the Nofn. is 92/2012-Cus and for FPS the provisions are Ch.3.9 of FTP read with noficiations are 92/2009-Cus dt.11.9.200 .....

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..... 9 and 29/2012-CE dt.9.7.2012. You can avail all these schemes simultaneously as there is no bar in any of these notifications. While rebate is refund of duty paid on export, DBK is the input duty incidence on the export goods and FPS is an export benefit provided under FTP on overall export performance for exporting certain products. Hence all these schemes are mutually exclusive. Only there is a .....

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..... bar on availment of DBK Rule 5 of CCR together since both pertain to input duty incidence. - Reply By RAM NAUDIYAL - The Reply = Thanks Mr. Vijay for your deeply clerity reply in this regards. - Claim excise duty and other export benefit - Query Started By: - RAM NAUDIYAL Dated:- 26-11-2012 Central Excise - Got 6 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post b .....

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..... y an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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