UN UTILIZED CENVAT CREDIT REFUN

[ANBALAGAN ANBU]

In Boiler Manufacturing company

We selling agrowaste fuel boiler under Duty exemption.

For the past two years we purchasing material with Excise duty But due the exemption of duty of our product we are utilizing this one.

Please suggest, we will go for refund claim.

If any notification of procedure there regarding this one, please explain.

Thank you,

E. ANBAZHGAN

AI Summary

CENVAT credit refund: eligible when non-utilization arises from exports under a letter of undertaking; exempt outputs bar credit.
Refund of CENVAT credit is available where credit cannot be utilized because a significant portion of final products are exported under a letter of undertaking without payment of duty. If the final product is unconditionally exempt, input credit is not allowable and any credit taken must be reversed immediately to avoid departmental compliance proceedings.