Claim of refund

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....laim of refund<br> Query (Issue) Started By: - Jayant Kuvelkar Dated:- 15-3-2007 Last Reply Date:- 18-3-2007 Central Excise<br>Got 1 Reply<br>Central Excise<br>SSI unit is making 80% of the total sale....

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....s to EOU ie. without payment of duty. As such there is tremendous accumulation of cenvat credit.Is there any remedy to avoid such situation or to claim refund of such credit? Reply By Surender Gupta:....

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.... The Reply: There is not provision in the Cenvat Credit Rules or Central Excise for getting any refund of unutilized cenvat credit accumulated due to substantial supply to EOU. You have either to use ....

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....the credit for payment of excise duty or to carry forward the same. No other option is available at the moment.<br> Discussion Forum - Knowledge Sharing ....