Refund of Unutilized Cenvat Credit Denied Due to Rate Disparity and Drawback/Rebate Claims.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Refund of unutilized Cenvat/Modvat Credit - The accumulation of Cenvat credit has not arisen because of exports but because of difference in rates of duty on inputs and the final products - refund cannot be allowed when the manufacturer or provider of output service avails of drawback or claimed rebate of duty - AT....




TaxTMI
TaxTMI