TMI BlogRefund of CENVAT Credit.X X X X Extracts X X X X X X X X Extracts X X X X ..... ards, conditions and limitations, as may be specified by the Board by notification in the Official Gazette: Refund amount = (Export turnover of goods) / Total turnover x Net CENVAT Credit Where,- (a) "Refund amount" means the maximum refund that is admissible; (b) "Net CENVAT credit" means total CENVAT credit availed on inputs by the manufacturer reduced by the amount rever ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ims rebate of duty under the Central Excise Rules, 2002 or Central Excise Rules, 2017, as the case may be, in respect of such duty.
Explanation 1. - For the purposes of this rule,
(1) "export goods" means any goods which are to be taken out of India to a place outside India.
(2) "relevant period" means the period for which the claim is filed.
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