TMI BlogRefund of Cenvat CreditX X X X Extracts X X X X X X X X Extracts X X X X ..... We are a company registered under Business Auxiliary Services. We receive commission for local services provided in india and services provided abroad i.e export of services. Till date we were claimi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng 20% of cenvat credit available to pay service tax realised on local commission. Now we had a balance of Rs. 9.0 Lakh in our cenvat credit account. We would like to know wheteher we can claim this ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cenvat credit as refund from the service tax deptt. - Reply By Surender Gupta - The Reply = First of all the method of utilizing 20% of cenvat credit for making payment of service tax is incorrect. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... You must note that export of services are not at par with exempted services and therefore, even if you export the services without making payment of service tax, you can utilize the cenvat credit o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n input services towards export of services for making payment of service tax on domestic services. Any how, since you have balance in your credit account, by applying the provisions of rule 5 of C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CR, 2004 , you can claim refund of unutilized balance of cenvat credit. - Refund of Cenvat Credit - Query Started By: - Rakesh Chandra Dated:- 7-9-2010 Service Tax - Got 1 Reply - Service Tax - Dis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cussion Forum - 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
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