TMI BlogRefund of CENVAT Credit.X X X X Extracts X X X X X X X X Extracts X X X X ..... rocedure, safeguards, conditions and limitations, as may be specified by the Board by notification in the Official Gazette: Refund amount = (Export turnover of goods) / Total turnover x Net CENVAT Credit Where,- (a) Refund amount means the maximum refund that is admissible; (b) Net CENVAT credit means total CENVAT credit availed on inputs by the manufacturer reduced b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... awback Rules, 1995 , or claims rebate of duty under the Central Excise Rules, 2002 or Central Excise Rules, 2017 , as the case may be, in respect of such duty. Explanation 1. - For the purposes of this rule, (1) export goods means any goods which are to be taken out of India to a place outside India. (2) relevant period means the period for which the claim is filed. - ..... X X X X Extracts X X X X X X X X Extracts X X X X
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