HC adjudicated a dispute regarding Merchandise Exports from ...

Exporters Get Conditional 5% FOB Credit Under MEIS, Must Refund Excess if Lower Classification Confirmed

April 21, 2025

Case Laws Customs HC

HC adjudicated a dispute regarding Merchandise Exports from India Scheme (MEIS) scrips for export goods, conditionally permitting 5% FOB value credit. The court mandated that if goods classification ultimately determines a lower benefit percentage, exporters must refund excess amounts utilized under sanctioned scrips. The ruling noted 38 applications at 2% duty credit were unprocessable due to portal visibility issues, with one specific application from 13.06.2020 also unresolvable. The matter was scheduled for compliance review on 29.04.2025, with a provisional authorization subject to potential retrospective adjustment based on final goods classification determination.

View Source

← Previous Next →

HC adjudicated a dispute regarding Merchandise Exports from ...

Exporters Get Conditional 5% FOB Credit Under MEIS, Must Refund Excess if Lower Classification Confirmed

April 21, 2025

Case Laws Customs HC

You may also like:

This case deals with the classification of handcrafted stone articles like 'Chakla Belan' (rolling board and pin), mortar, pestle, etc. for export under the Merchandise...

Refund of CENVAT Credit under rule 5 of the CENVAT Credit Rules, 2004 - Notification

Refund of Cenvat credit - Rule 5 – Power of Additional Commissioner to adjudicate refund claim - AT

Refund of CENVAT Credit - alleged lack of nexus - The procedure for claiming such refund, enshrined in notification no. 27/2012-Central Excise Act, 1944 (NT) dated 18th...

CESTAT dismissed appeal concerning refund claim of unutilized Cenvat Credit under s.142(3) of CGST Act, read with Rule 5 of Cenvat Credit Rules and s.11B of Central...

Refund of service tax paid on Reverse Charge Mechanism - It is the case of the Department that payment of service tax on RCM, availment of CENVAT credit of the same and...

Manufacturer cleared excisable goods to Mega Power Projects and SEZ units. Refund claim filed for accumulated CENVAT credit u/r 5 of CENVAT Credit Rules, 2004. Refund...

Refund of unutilized Cenvat credit - Other than Rule 5 of Cenvat Credit Rules, there is no other provision either in Cenvat Credit Rules, 2004 or in Central Excise...

Cancellation of the MEIS Scrips granted to the Respondent Company confirmed - levy of penalty - The initial supply of goods by the exporter to a logistics company is...

Sub-section (5) and sub-section (6) inserted in section 16 of CGST Act retrospectively extend the time limit to avail input tax credit in certain specified cases...

CESTAT allowed the appeal regarding refund of unutilized accumulated CENVAT credit. Department's rejection of refund claim citing ineligible input services under Rule...

The appellant sought refund of Countervailing Duty (CVD) and Special Additional Duty (SAD) paid in cash u/s 11B of the Central Excise Act, 1944 read with Section 142(3)...

Refund in cash - export of goods - refund of duty paid in excess through cenvat credit - voluntary excess payment of duty - re-credit allowed - no cash refund - CGOVT

Admissibility of refund under Rule 5 of the Cenvat Credit Rules, 2004 against the supply of final product to SEZ - lower authority rejected the refund claim of the...

Refund of accumulated credit - rejection on the ground that there was no “Physical Export” under Rule 5 - It is undisputed that for the period from January2014 to...

Quick Updates: