TaxTMI 
TaxTMI 
Cenvat credit - refund of unutilized credit
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....envat credit - refund of unutilized credit<br> Query (Issue) Started By: - kiran kujur Dated:- 7-9-2009 Last Reply Date:- 7-9-2009 Central Excise<br>Got 1 Reply<br>Central Excise<br>under Rule 5A of C....
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....envat Credit Rule, 2004, if the units availing notification no. 20/2007 dated 25.4.2007 is unable to utilize the credit of inputs, he will get the refund of balance amount of unutilised credit on inpu....
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....ts. what is the scope of unable to utilize, pl illustrate examples. whether any clarification has been issued by cbec or not,pl make a reference to. Reply By Rama Krishana: The Reply: There may be v....
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....arious combinations of the various situations for availing and utilizing cenvat credit as per notification no. 20/2007 read with rule 5A of the cenvat credit rules, 2004. A simple can be: (i) duty pay....
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....able on the finished goods = Rs. 5000/- (ii) cenvat credit available on Inputs = Rs. 6000/- (this may be due to higher rate of duty on inputs or SAD on import or previous rate of duty i.e. 14% or 10% ....
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....as the case may be.) (iii) manufacture is not able to utilize the credit of Rs. 1000/- [Suppose the condition of value addition as per the notification no. 20/2007] he can file refund claim under rule....
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.... 5A.<br> Discussion Forum - Knowledge Sharing ....