Refund of cenvat on raw material

[Dharmender Batra]

we are supplying finished goods under duty free procurement under  Nofn.43/2001 CE(NT) dt. 26.06.01 vide annexure 45. Please let know if we can get refund of cenvat on raw material consumed for manufacture of these finished goods.

[Surender Gupta]

Notification no. 43/2001 CE(NT) dated 26-6-2001 allows to supply manufactured goods without payment of excise duty for the purpose of export. For this purpose, this notification prescribes certain conditions with procedures and safeguards. In such a situation, since you are clearing goods on ARE-2 form, once you get the export proof, you can claim refund of cenvat credit under rule 5 read with notification no. 5/2006 CE(NT) dated 14-3-2006

AI Summary

Cenvat refund available for duty free export supplies once prescribed export proof is obtained under procedural refund rules. Goods cleared duty free for export under the applicable notification and on ARE 2 form are eligible for a cenvat refund of credit on raw materials once prescribed export proof is obtained, and such refund must be claimed under the statutory procedural refund rules.