Refund of Cenvat Credit (Rule 5 of the CCR): - Central Excise Practice Manual (OLD) - Central Excise

13. Refund of Cenvat Credit (Rule 5 of the CCR): The credit of duty paid on the inputs or input services used in the manufacture of the goods which are cleared for export under bond or Letter of Undertaking, or used in the intermediate goods cleared for export or used in providing output service which is exported, can be utilized for payment of duty on the goods cleared for home consumption or for export on payment of duty or for payment of Service Tax on the output service. If such adjustment is not possible, refund of such credit amount in cash is allowed, subject to the conditions specified in the Notification issued under Rule 5 of the CCR.