Refund Denied for Unutilized CENVAT Credit: Assessee Considered Ultimate Consumer with No Set-Off Opportunity.

Refund Denied for Unutilized CENVAT Credit: Assessee Considered Ultimate Consumer with No Set-Off Opportunity. https://www.taxtmi.com/highlights?id=38803 Refund of unutilized CENVAT credit - if an assessee has CENVAT credit balance without any duty on which to apply it, such assessee is an ultimate consumer to the extent that duty or tax has been paid upto the preceding stage and there no scope for setting off of such credit - refund not allowed - AT en-us Mon, 09 Apr 2018 07:44:10 +0530 Mon, 09 Apr 2018 07:44:10 +0530 TaxTMI RSS Generator Refund Denied for Unutilized CENVAT Credit: Assessee Considered Ultimate Consumer with No Set-Off Opportunity. https://www.taxtmi.com/highlights?id=38803 Refund of unutilized CENVAT credit - if an assessee has CENVAT credit balance without any duty on which to apply it, such assessee is an ultimate consumer to the extent that duty or tax has been paid upto the preceding stage and there no scope for setting off of such credit - refund not allowed - AT Highlights Central Excise Mon, 09 Apr 2018 07:44:10 +0530 https://www.taxtmi.com/highlights?id=38803