TaxTMI 
TaxTMI 
Scheme formulated for Speedy grant of refund of accumulated and unutilised CENVAT credit to help in ease of doing business by unlocking the accumulated credit.
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....cheme formulated for Speedy grant of refund of accumulated and unutilised CENVAT credit to help in ease of doing business by unlocking the accumulated credit. <br>News and Press Release<br>Dated:- 10-....
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....11-2015<br><BR>Exporters of services today accumulate CENVAT credit on both input services and input goods as they are unable to set-off their input levies. Speedy grant of refund of accumulated & unu....
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....tilised CENVAT credit will help in ease of doing business by unlocking the accumulated credit. Central Board of Excise &Customs (CBEC) has declared this year as the "Year of Tax Payer Services". In ....
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....order to enable speedy grant of such refunds to the exporters of services, a scheme has been formulated whereby on submission of a certificate from the statutory auditor/Chartered Accountant as well a....
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....s the claimant, a provisional payment of 80% of the claimed amount will be made within 5 working days. This scheme will be applicable to all refund claims which are pending as on 31-3-2015 and have ....
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....not been disposed of by way of a sanction order. Details of the scheme are contained in Circular 187/6/2015-Service Tax dated 10-11-2015 which can be accessed on www.cbec.gov.in<BR> News - Press relea....
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....se - PIB....