TaxTMI 
TaxTMI 
Dear sir
We are purchase under CT-2 Bond and same items has been export. but my query is can we claim rebate claim on same material which we were purchased under CT-2 Bond
Rebate claim issue
17 Aug 2016 
9 Replies 
1719 Views Asked by
No double benefit: refund under Cenvat rules and rebate under excise rules cannot duplicate recovery.
When inputs are procured under CT-2 bond and exported, no duty is paid on the final product. Refund of accumulated Cenvat credit is available when the credit cannot be utilized because of export; rebate of duty attributable to inputs used in exported manufacture is available under the excise rebate scheme. Both remedies are distinct and may be pursued, but double recovery for the same duty element is not permissible. (AI Summary)
When inputs are procured under CT-2 bond and exported, no duty is paid on the final product. Refund of accumulated Cenvat credit is available when the credit cannot be utilized because of export; rebate of duty attributable to inputs used in exported manufacture is available under the excise rebate scheme. Both remedies are distinct and may be pursued, but double recovery for the same duty element is not permissible. (AI Summary)