We are having balance in CENVAT service tax account. We are closing the business of the company and liquidate in a year or two.
Can we get refund of the CENVAT credit, if we close the company? If yes what is the procedure to be followed?
Thanks
Ajith
Company Seeks Guidance on CENVAT Service Tax Refund Amid Business Liquidation Plans; Directed to Previous Discussion for Details. A company is inquiring about the possibility of obtaining a refund for the balance in their CENVAT service tax account as they plan to close and liquidate the business within a year or two. They seek guidance on whether a refund is possible and the procedure to follow. The response directs them to a previous discussion identified by an ID number for further information. (AI Summary)