Rebate under Rule 18

[Rudrayani Shedjale]

Hello

We have exported the goods in December 2014 under rebate. that time we have debited the duty in cenvat part II. Now in Nov 2015, if we are claiming for the rebate of duty paid is it necessary that our cenvat balance should be more than the amount of rebate claimed??

PLease revert.

AI Summary

Clarification on Rule 18: Cenvat balance at export time must cover duty, no need to exceed rebate claimed. A user inquired about the requirements for claiming a rebate under Rule 18 after exporting goods in December 2014 and debiting duty in their Cenvat account. They asked if their Cenvat balance in November 2015 needed to exceed the rebate amount claimed. A respondent clarified that as long as there was a sufficient balance in the Cenvat account to cover the duty at the time of export, Rule 18 does not require the balance to exceed the rebate claimed. The inquirer expressed gratitude for the clarification.