Claim of refund of cenvat

[madhavvan n]

a company regd with excise sells its products locally as well as sells to sez and traders who then export the product can the company claim refund of cenvat readers pls give yr views

AI Summary

Company Can Claim Cenvat Credit Refund for SEZ Supplies; Rule 5 Applies if Export is in Manufacturer's Name. A company registered with excise sells products locally, to Special Economic Zones (SEZ), and to traders who export the products. The company inquires about the possibility of claiming a refund of Cenvat credit. The response clarifies that supplies to SEZ are treated as exports, allowing the company to use the credit for excise duty on Domestic Tariff Area sales or claim a refund under Rule 5 of the Cenvat Credit Rules, 2004. If traders export the goods, the refund eligibility depends on whether the export is in the manufacturer's name as a supporting manufacturer.