TMI BlogRefund of unused CENVAT creditX X X X Extracts X X X X X X X X Extracts X X X X ..... Refund of unused CENVAT credit X X X X Extracts X X X X X X X X Extracts X X X X ..... he registration. Reply By Pradeep Khatri: The Reply: If accumulation is due to export of goods under bond, then, you may adopt following procedure:- Refund of accumulated CENVAT credit for export under bond. Rule 5 of Cenvat Credit Rule read with Notification No. 5/2006 CE (NT) dated 14.3.2006. 1. Refund Application in Form as prescribed under Notification. 2. Relevant extracts of the recor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ds maintained under Cenvat Credit Rules in respect of input duty credit taken 3. Statement/ Documents to show use of inputs/ input services in the exported goods. 4. Original copy of ARE-1. 5. Invoice issued under Rule 11 of Central Excise Rule, 2002 6. Self attested copy of Shipping Bill (EP copy) and Bill of lading/ Airway Bill. 7. Disclaimer certificate. (in case claimant is other than exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orter) 8. Any other document in support of the refund claim. Reply By Dilip Darji: The Reply: Dear Sir. Refund under Rule 5 is the only way out to get back unnued credit lying with you. Reply By Rahul Gupta: The Reply: Dear sir In our case Cenvat is accumulating because we do only assembling and does not have a sufficient margin to generate output liability. can you suggest a way out of thi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s.
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