Refund of CENVAT credit for inputs in exported final products allowed when credit cannot be utilized, subject to application. Refund of CENVAT credit is allowed for duty on inputs used in final products exported under bond, subject to prescribed safeguards: exportation under specified procedures, quarterly claims (with monthly option where export clearances meet the threshold), submission of Form A with certified shipping documents and relevant register extracts, inability to utilise credit under the adjustment rule, lodging claims before the statutory expiry, and an undertaking to repay any erroneous refunds within six months of demand.
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 CENVAT credit for inputs in exported final products allowed when credit cannot be utilized, subject to application.
Refund of CENVAT credit is allowed for duty on inputs used in final products exported under bond, subject to prescribed safeguards: exportation under specified procedures, quarterly claims (with monthly option where export clearances meet the threshold), submission of Form A with certified shipping documents and relevant register extracts, inability to utilise credit under the adjustment rule, lodging claims before the statutory expiry, and an undertaking to repay any erroneous refunds within six months of demand.
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