Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Manufacturers Can Claim Refunds of Unutilized CENVAT Credit; Follow Procedures Under CENVAT Credit Rules, 2004</h1> The notification outlines the procedure for manufacturers to claim refunds of unutilized CENVAT credit under the CENVAT Credit Rules, 2004. Manufacturers must file a declaration with the Assistant or Deputy Commissioner of Central Excise detailing the finished goods, their duty rates, and the materials used. A monthly statement of input quantities, values, and CENVAT credit utilization must be submitted by the 7th of the following month. The Commissioner may refund the unutilized credit within three months after verification. If verification is delayed, 80% of the amount may be refunded provisionally by the end of the following month.