https://www.taxtmi.com/article/detailed?id=5559 Refund under Rule 5B allows service providers of specified partial reverse charge services to claim unutilized Cenvat credit on inputs and input services, subject to notified safeguards. Claims are biannual, filed in prescribed form within the time limit from the return due date, and require prior filing of returns. Refund is computed by apportioning half yearly Cenvat credit to the turnover of partial reverse charge services and deducting service tax paid for those services; refunds cannot exceed the recipient's service tax liability and must be debited from the claimant's Cenvat account. en-us Tue, 08 Apr 2014 11:48:50 +0530 Tue, 08 Apr 2014 11:48:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5559 Refund under Rule 5B allows service providers of specified partial reverse charge services to claim unutilized Cenvat credit on inputs and input services, subject to notified safeguards. Claims are biannual, filed in prescribed form within the time limit from the return due date, and require prior filing of returns. Refund is computed by apportioning half yearly Cenvat credit to the turnover of partial reverse charge services and deducting service tax paid for those services; refunds cannot exceed the recipient's service tax liability and must be debited from the claimant's Cenvat account. Articles Cenvat Credit Tue, 08 Apr 2014 11:48:50 +0530 https://www.taxtmi.com/article/detailed?id=5559