Dear All,
Is there any way to get CENVAT credit Refund/ adjust as we not Filed TRAN-1.
Due to non-filling of TRAN-1 we are not able to get input credit to GST. Is There any rule in which we can claim input credit Refund/adjust.
Department should refund or adjust our credit balance with CGST as department issueing demand notice assesses to deposite amount of pre-gst issues
Please Advice How we could get refund of our credit balance
Discussion on CENVAT Credit Refunds: TRAN-1 Non-Submission Barriers and Section 11B Claims Explained. A participant in a discussion forum inquired about obtaining a refund or adjustment of CENVAT credit due to the non-submission of TRAN-1, which prevented claiming input credit under GST. Responses varied: one indicated that without TRAN-1 submission, the balance is ineligible for refund; another suggested filing a refund claim under Section 11B of the Central Excise Act with expert guidance. Another response stated that if registered under GST, refunds for untransferred credits are not possible, while a final reply mentioned applying for a refund under the previous tax regime. (AI Summary)
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