https://www.taxtmi.com/forum/issue?id=108997 Refund of CENVAT credit is available where credit cannot be utilized because a significant portion of final products are exported under a letter of undertaking without payment of duty. If the final product is unconditionally exempt, input credit is not allowable and any credit taken must be reversed immediately to avoid departmental compliance proceedings. en-us Thu, 06 Aug 2015 12:18:30 +0530 Thu, 23 Jan 2025 15:56:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108997 Refund of CENVAT credit is available where credit cannot be utilized because a significant portion of final products are exported under a letter of undertaking without payment of duty. If the final product is unconditionally exempt, input credit is not allowable and any credit taken must be reversed immediately to avoid departmental compliance proceedings. Discussion-Forum Central Excise Thu, 06 Aug 2015 12:18:30 +0530 https://www.taxtmi.com/forum/issue?id=108997