Refund of input duty credit for exports under bond permitted subject to prescribed procedural safeguards and repayment undertakings. Refund of input duty credit is permitted for manufacturers exporting final products under bond, subject to prescribed safeguards: adherence to export procedures, submission of Form A with certified Bill of Lading/Shipping Bill/Export Application and original RG-23A extracts, limitation to one claim per quarter and statutory filing period, exclusion of exports to Nepal, allowance only where input credit cannot be otherwise utilised, refund by the Assistant Collector of Central Excise, and undertakings to repay erroneous payments and to avoid duplicate rebate or drawback claims.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Refund of input duty credit for exports under bond permitted subject to prescribed procedural safeguards and repayment undertakings.
Refund of input duty credit is permitted for manufacturers exporting final products under bond, subject to prescribed safeguards: adherence to export procedures, submission of Form A with certified Bill of Lading/Shipping Bill/Export Application and original RG-23A extracts, limitation to one claim per quarter and statutory filing period, exclusion of exports to Nepal, allowance only where input credit cannot be otherwise utilised, refund by the Assistant Collector of Central Excise, and undertakings to repay erroneous payments and to avoid duplicate rebate or drawback claims.
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