Self Credit notification

[Kuldeep Kapoor]

Respected experts ,

In Central Excise our one unit is availing refund under 1/2010 notification by way of self credit.

the other unit is availing refund 56/2002 ,under which notification this unit shall avail refund by way of self credit . self credit scheme was started in 2006

[YAGAY andSUN]

You would have to check the amendments to notifications 56/2002 in this regard. Sorry right now we don't have access to our system as we are replying through Mobile phone.

AI Summary

Self-credit refund eligibility depends on notification amendments; confirm whether the refund notification permits self-credit before proceeding. Whether a unit may use self-credit for central excise refunds depends on the notification governing its refund and whether that earlier refund notification was amended to permit refund by way of self-credit after the scheme began; verification of the notification amendments is required before treating refunds as self-credit.