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    <title>Cenvat carried forward</title>
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    <description>Taxpayers holding accumulated cenvat from exports under bond face two operative choices at GST introduction: obtain a pre GST excise refund under the existing refund rule to realize the accumulated credit in cash, or rely on the GST transitional provision permitting carry forward of eligible cenvat as input tax credit; some practitioners recommend claiming the excise refund before GST for greater certainty.</description>
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      <description>Taxpayers holding accumulated cenvat from exports under bond face two operative choices at GST introduction: obtain a pre GST excise refund under the existing refund rule to realize the accumulated credit in cash, or rely on the GST transitional provision permitting carry forward of eligible cenvat as input tax credit; some practitioners recommend claiming the excise refund before GST for greater certainty.</description>
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