Cenvat Refund, Central Excise

[JAGANATHAN KUMARAVEL]

Can a manufacturer avail the refund benefit under Rule 5, if he has imported some of the parts of export goods under Advance Licence and also procured locally major items on payment of central excise duty. . Can the manufacturer claim the refund for items procured in India by payment of Excise Duty and used in the exported goods

Posts / Replies

[MUKUND THAKKAR]

Sir,

if your export is high compare to domestic sales in such situation you have to balance in cenvat account than file refund claim of unutilized cenvat credit balance under rule 5.