duty drawback New 2011

[SNEHAL SHAH]

Sir,

We are Manufacturing of Textile product  , there is some confusion about duty drawback :

We are export material under Rebate claim . We want to go for Cenvate not availed sheme opton for duty drawback .

Now quetion is that , we are export only 3 Container per month & import lots of material for Mfg of final product .

If we go for Cenvat not awailed scheme , we can take cenvat credit full ( all input material ) after that we can proportionate debit this duty which is exported , is it right or not please suggest .

Can we can claim rebate claim also simulteneusly ?

Pl.Suggest .

SACHIN

[YAGAY andSUN]

You can either go for All industry rate or brand rate fixation if you don't avail the CENVAT credit on the Inputs.  If you avail CENVAT credit then only BCD portion would be available as duty drawback.

AI Summary

Textile Manufacturer Seeks Clarity on Duty Drawback Scheme and CENVAT Credit Options for Exports and Imports A textile manufacturer is seeking clarification on the duty drawback scheme, specifically regarding the option of not availing CENVAT credit. They export three containers monthly and import materials for manufacturing. They inquire whether they can fully utilize CENVAT credit for all input materials and proportionately debit the duty on exported goods, while also claiming a rebate. A respondent advises that if CENVAT credit is not availed on inputs, the manufacturer can opt for either the all-industry rate or brand rate fixation. If CENVAT credit is availed, only the Basic Customs Duty (BCD) portion is available as duty drawback.