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CENVAT CREDIT AMOUNT, Central Excise |
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CENVAT CREDIT AMOUNT |
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We have a credit balance in RG23C-Part-II where we adjust the output excise with it. From march onwards the Education Cess and Secondary and Higher Education Cess has been subsumed in Basic Duty. How i adjust the Credit balance in part-II Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
We may hope for getting the refund of accumulated credit in your case.
Dear Ranjit, This is an issue which is popping out PAN India basis. If you are the provider of output services then it can be cross utilized against the service tax liabilities or make a presentation through FICCI, ASSOCHAM or your industry association to get the refund from the Government. Regards YAGAY and SUN (Management, Business and Indirect Tax Consultants) Page: 1 Old Query - New Comments are closed. |
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