Refund of CENVAT credit to units in specified areas
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....es, where a manufacturer has cleared final products in terms of notification of the Government of India in the Ministry of Finance (Department of Revenue) No.20/2007-Central Excise, dated the 25th April, 2007 and is unable to utilize the CENVAT credit of duty taken on inputs required for manufacture of final products specified in the said notification, other than final products which are exempt or....
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....cts. 4. For the purpose of claiming refund, manufacturer is required to file a declaration with the AC/ DC. 5. A detailed statement of inputs received, Cenvat Credit taken, inputs used and Cenvat credit utilized etc. shall be submitted. 6. Refund application shall be filed each month by the 7thday of next month. 7. Refund shall be granted within 3 months. In case refund is likely to be del....
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....als so used, both in words and figures, in relation to the finished goods to be manufactured and cleared. · However, if any particulars given in the declaration have undergone any changes, the revised declaration shall be filed by the manufacturer; · the manufacturer shall submit a statement containing details namely quantity of opening balance of inputs, quantity of inputs rece....


TaxTMI
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