Availment of cenvat credit of service tax paid and refdund under rule 5 of cenvat credit rules

Availment of cenvat credit of service tax paid and refdund under rule 5 of cenvat credit rules https://www.taxtmi.com/forum/issue?id=560 Under Rule 5 of the Cenvat Credit Rules, where inputs or input services are used in manufacture of final products cleared for export under bond or letter of undertaking, or in providing exported output services, the CENVAT credit (including input service tax) may be utilized against excise or service tax liabilities or, if such adjustment is not possible, refunded subject to prescribed safeguards and conditions; this permits a 100% EOU that uses taxable input services in export-linked manufacture and has no DTA sales to claim refund of service tax credit under the notified framework. en-us Fri, 12 Oct 2007 18:08:11 +0530 Thu, 23 Jan 2025 15:58:56 +0530 TaxTMI RSS Generator Availment of cenvat credit of service tax paid and refdund under rule 5 of cenvat credit rules https://www.taxtmi.com/forum/issue?id=560 Under Rule 5 of the Cenvat Credit Rules, where inputs or input services are used in manufacture of final products cleared for export under bond or letter of undertaking, or in providing exported output services, the CENVAT credit (including input service tax) may be utilized against excise or service tax liabilities or, if such adjustment is not possible, refunded subject to prescribed safeguards and conditions; this permits a 100% EOU that uses taxable input services in export-linked manufacture and has no DTA sales to claim refund of service tax credit under the notified framework. Discussion-Forum Service Tax Fri, 12 Oct 2007 18:08:11 +0530 https://www.taxtmi.com/forum/issue?id=560