TMI BlogRefund of unutilised cenvat creditX X X X Extracts X X X X X X X X Extracts X X X X ..... if any asseessee availing notification no. 20/2007 dated 25-4-07 as amended have accumulated cenvat credit of capitak goods and s.tax on input services, but they are in a position to utilise whole o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f cenvat credit on input.are they can get refund of unutilised credit on inputs by utilising the credit of cap. goods and s.tax and if they can get the same, at which extent?pl illustrate an example. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By Surender Gupta - The Reply = Refund of cenvat credit is governed by Rule 5A of the cenvat credit rules 2004 . Accordingly only cenvat credit pertaining to inputs are allowed to be ref ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unded. Rule 5A does not provide refund of cenvat crdit on input services and capital goods. Therefore, while utilizing the credit, it is advisable to use the credit of input service and capital good ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s first to get the optimum benefit of scheme. - Refund of unutilised cenvat credit - Query Started By: - kiran kujur Dated:- 9-9-2009 Central Excise - Got 1 Reply - Central Excise - Discussion Foru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|