https://www.taxtmi.com/circulars?id=1269 Where exporters claim only the Customs allocation of All Industry Rate drawback, the prohibition on refund in the MODVAT/CENVAT rules applies solely to refunds of credit attributable to Central Excise or countervailing duty; because CENVAT does not cover Basic Customs Duty, cash refund of unutilised CENVAT credit of Central Excise/countervailing duty on inputs used in exported products is permissible, and the same interpretive position applies under equivalent CENVAT refund provisions, subject to applicable safeguards and conditions. en-us Mon, 16 Oct 2000 00:00:00 +0530 Thu, 11 Jun 2009 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1269 Where exporters claim only the Customs allocation of All Industry Rate drawback, the prohibition on refund in the MODVAT/CENVAT rules applies solely to refunds of credit attributable to Central Excise or countervailing duty; because CENVAT does not cover Basic Customs Duty, cash refund of unutilised CENVAT credit of Central Excise/countervailing duty on inputs used in exported products is permissible, and the same interpretive position applies under equivalent CENVAT refund provisions, subject to applicable safeguards and conditions. Circulars Customs Mon, 16 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1269