Refund in case of Reverse Charge System

[Guest]

CAN SERVICE RECIPIENT CLAIM REFUND OF SERVICE TAX IF HE WILL NOT BE ABLE TO UTILIZE AS CREDIT ?? IF YES THEN WHAT IS RELAVANT PROCEDURE? AND ALSO LET ME KNOW LAW PREVAILING FOR THAT CASE..

THANKING YOU.

AI Summary

Can Service Recipient Claim Refund of Unutilized Service Tax Credit Under Reverse Charge? Explore CENVAT Credit Rules & Notification 27/2012. A query was raised regarding whether a service recipient can claim a refund of service tax under the Reverse Charge System if the credit cannot be utilized. One response indicated that a refund of accumulated CENVAT credit is possible under the Service Tax Laws and CENVAT Credit Rules, 2004, particularly if exporting services. Another response suggested referring to Notification No. 27/2012 dated 20-06-2012 for further guidance.