BAL OF 2% & 1% IN THE CENVAT A/c

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....AL OF 2% & 1% IN THE CENVAT A/c<br> Query (Issue) Started By: - MEHUL ASHAR Dated:- 15-3-2015 Last Reply Date:- 20-3-2015 Central Excise<br>Got 2 Replies<br>Central Excise<br>Respected Sir, As regar....

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....ding above subject my query is that one of my clients has the balance of 2&#37; and 1&#37; in the cenvat A/c in the february end then what I have to do Sir,Do I have to carry forward the balance and s....

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....how in the return or not.Please reply. THANKING U Reply By Rajagopalan Ranganathan: The Reply: Sir, You have to keep the balance in your credit account and show it in your return. The Department ....

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....is expected to issue some instructions in this regard. But normally when a dutiable goods got exempted from payment of duty then credit of duty paid on inputs available in credit account has to lapse.....

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.... Reply By MEHUL ASHAR: The Reply: THANK U SIR U SOLVED MY CONFUSION.I M GRATEFUL 2 U.<br> Discussion Forum - Knowledge Sharing ....