https://www.taxtmi.com/forum/issue?id=106943 Cenvat credit restores excise duty on inputs, capital goods and input services by granting a usable credit; once Cenvat credit is availed for a given duty, a separate Terminal Excise Duty refund for that duty cannot be claimed. For TED refund claims, authorities must confirm the recipient has not taken Cenvat credit; if the recipient seeks refund, the supplier must provide a disclaimer certificate with invoices confirming duty paid and consenting to the recipient's refund claim. The Cenvat scheme ensures input tax neutrality and prevents tax-on-tax. en-us Tue, 24 Jun 2014 17:27:37 +0530 Thu, 23 Jan 2025 15:57:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106943 Cenvat credit restores excise duty on inputs, capital goods and input services by granting a usable credit; once Cenvat credit is availed for a given duty, a separate Terminal Excise Duty refund for that duty cannot be claimed. For TED refund claims, authorities must confirm the recipient has not taken Cenvat credit; if the recipient seeks refund, the supplier must provide a disclaimer certificate with invoices confirming duty paid and consenting to the recipient's refund claim. The Cenvat scheme ensures input tax neutrality and prevents tax-on-tax. Discussion-Forum Central Excise Tue, 24 Jun 2014 17:27:37 +0530 https://www.taxtmi.com/forum/issue?id=106943