Rebate Duty Debit In Cenvat Credit Balance And SHOW IN ER-1 Return
Dear Sir ,
ER-1 Return Rebate Duty Debit In Cenvat Credit Balance But My Product is Exempted ( Biomass Gasifer) & My Rebate Amount is 6,15,630/- ( Central Excise Department Apr in Input Output NORMS My NOTIFICATION NO.21/2004 CE(NT) Please Red in Sol The Problem Urgent Basis
User Questions ER-1 Return Rebate Duty for Exempt Biomass Gasifier; Clarification Sought on Cenvat Credit Display A user raised a query about the ER-1 Return rebate duty debit in the Cenvat credit balance for an exempted product, Biomass Gasifier, with a rebate amount of 6,15,630 INR. One respondent explained that since the goods are exported with duty payment and rebate claims, it is treated as normal clearance, equating it to excisable goods cleared for home consumption. Another suggested consulting the range officer for clarification. The original poster reiterated the absence of Cenvat credit for the exempted biomass product and questioned the rebate amount's display in the ER-1 Return. (AI Summary)
Central Excise