Issue related with rebate under rule - 18 of central excise rules
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....ssue related with rebate under rule - 18 of central excise rules<br> Query (Issue) Started By: - Mehul Pandya Dated:- 19-7-2016 Last Reply Date:- 19-7-2016 Central Excise<br>Got 1 Reply<br>Central Exc....
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....ise<br>Sir, We have procured packing material under bond for export purpose. where as our other raw material are excisable purchase. Therefore we have availed Cenvat credit for the same and cleared t....
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....he same under rebate. Now department says that benefit of two exemptions i.e. procurement of raw material under bond and export the same under rebate not be done simultaniously and not sanctioning our....
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.... rebate claim accordingly. In this case is there is any way to get refund / rebate of the duty which is used in the material for the export purpose. Reply By CS SANJAY MALHOTRA: The Reply: Departmen....
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....t contention is incorrect, exporters are being sanctioned rebate claim on finished Goods under Rule 18 of central Excise Rules, 2002, even if they have purchased imported inputs under advance license ....
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....without payment of duty. Further refund can be claimed from the department following the provisions of Rule 5 of CENVAT Credit Rules 2004 on accumulated CENVAT Credit due to exports. However, Benefi....
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....t of Duty Drawback is not admissible or benefit get reduced if inputs are purchased under bond.<br> Discussion Forum - Knowledge Sharing ....
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