Inputs export as such - Cenvat Credit implications., Central Excise

[SANDESH SHINDE]

Dear Sir,

Please advise on Inputs exported as such cenvat credit implications.Can we export such inputs without reversal of credit and such credit can be utilized for payment of excise duty of Domestic clearances.

Request you to please provide the said Excise provisions.

Posts / Replies

[YAGAY AND SUN]

No need to pay the Central Excise Duty since there is no tax on Exports.Credit can be utilized for payment of excise duty of domestic clearances.

[Ganeshan Kalyani]

I too of the same view. Credit can be taken to set off against excise duty payable.

[SANDESH SHINDE]

Dear Sir's, Thanks for your valuable reply but request you to pls provide any such provision under cenvat credit rules 2004.

[YAGAY AND SUN]

http://www.cenexrajkot.nic.in/oia/050_to_052_OIA_2012.pdf