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<h1>Refund of CENVAT Credit for Exporters: Rule 5 Explains Conditions, Calculation Method, and Exclusions for Post-2012 Exports.</h1> Rule 5 of the CENVAT Credit Rules, 2004, outlines the refund of CENVAT credit for manufacturers and service providers exporting goods or services without paying duty or service tax. The refund is calculated using a specific formula based on export turnover and net CENVAT credit. The rule applies to exports post-April 1, 2012, with conditions that no refund is allowed if the exporter avails drawbacks or rebates under specific rules. The rule defines terms like 'export service' and 'relevant period' and specifies the calculation method for service value.