Refund of Accumulated Cenvat Credit

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....efund of Accumulated Cenvat Credit<br> Query (Issue) Started By: - Samir Banerjee Dated:- 26-7-2015 Last Reply Date:- 28-7-2015 Central Excise<br>Got 1 Reply<br>Central Excise<br>We have a client (man....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ufacturer of CFL and LED lights) located at Uttarakhand. As per state development policy, the client enjoying exemption from payment of Central Excise. Whereas, while procuring inputs including capita....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....l goods from outside Uttarakhand they are liable to pay Excise Duty, which they are unable to utilize with the result it is amounting to cost for them. Is there any prescribed process under any rule w....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....hereby they can get the amount of un-utilized Cenvat? Reply By CS SANJAY MALHOTRA: The Reply: Dear Samir, Refund of unutilised credit can be availed under Rule 5 of CCR 2004 provided the physical e....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....xports have taken place irrespective of whether the goods are excisable or exempted. In case of domestic clearances of exempted goods, CENVAT credit on input is not available if the final product is ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....exempted. Hence, when CENVAT is not eligible, no issue of refund of unutilised credit stands.<br> Discussion Forum - Knowledge Sharing ....