R/sir,
We are manufacturing of packaging material & we have around 5 crore cenvat accumulated due to export ( physical as well as deemed export ) .
Now we want to file refund claim . Please provide procedure like what documents to be submit , time limit etc .
Also one confusion is that can we export under rebate claim if we are file refund application means any restriction for rebate and refund not file pararaly .
Please guide .
Thanks and regards,
SNEHAL SHAH
Manufacturer Seeks Guidance on Claiming 5 Crore Cenvat Credit Refund; Rule 5, Cenvat Credit Rules 2004 Referenced A business involved in manufacturing packaging materials seeks advice on claiming a refund for approximately 5 crore in accumulated Cenvat credit due to exports. They inquire about the necessary documents, time limits, and whether they can simultaneously file for a rebate and refund. Responses suggest referring to Rule 5 of the Cenvat Credit Rules 2004 and relevant notifications for guidance on filing refund claims. It is clarified that filing for a refund does not affect the ability to claim a rebate. Additional advice includes consulting commentaries and articles on the subject for further insights. (AI Summary)