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Refund of excise duty

Central Excise - Started By: - varun arora - Dated:- 8-3-2016 Last Replied Date:- 11-4-2016 - Dear sirIf duty rate on final product is 12.50% and on raw material is 6% then can i take the refund back from thr deptt. As of accumulated cenvat unutilize .....

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d is admissible. - Reply By KASTURI SETHI - The Reply = I fully endorse the views of Sh.CS Sanjay Malhotra, Sir. - Reply By Mahir S - The Reply = Yes the views expressed above are correct.However, you may export the goods under rebate and take refund .....

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material and final product have been mentioned wrongly. The querist wanted to mention rate of duty @12.5% on raw material and @6% on final product. Am I right, Sir ? - Reply By CS SANJAY MALHOTRA - The Reply = Respected Sir Sh. Kasturi ji,Am in agree .....

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id situation, one woud paying through PLA....hence, no question of CENVAT accumulation comes in... - Reply By varun arora - The Reply = Thank you all Experts and Rates which i have mentioned on rm and fg is by mistake. But you all answered by query v .....

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hich is simple,easy to get the accumulated cenvat in to liquid cash and less cumbersome when compared to Refund under Rule 5 of CCR 2004. However, if your company is not having any exports, then you may have to live with the accumulation Regards, S S .....

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tion no 56/2002 CE Dated 14.11.2002 but later on in 2008 they have amended this through notification no 19/2008 which slash down to 36% refund only ,Ultimately all the assessee had filed the petition in the Humble court and during 2010 the said case .....

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had taken 100% refund where as the department had taken this in the view as excess credit and issued an SCN to us requesting to pay the balance 64% which might comes around 1 crores on the other side we had also file the writ petition in the said co .....

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u please guide us to come out of this issues fyki we are also willing to indemnity bond and even surety from our sister concern located at tamil nadu which is under excise not but department are not in a position to accept this,Kindly do the needful. .....

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