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TMI BlogAccumalation Central Excise CreditX X X X Extracts X X X X X X X X Extracts X X X X ..... The Unit has been registered under Central Excise , importing inputs from overseas supplier availing cenvat credit including CVD , no exports made from that unit but clearances were made to EOUs against form CT-3. Pl suggest us how to claim accumulated excise credits & authority or notication/circular Regards, - Reply By Naveed S - The Reply = (i) From your query, it is clear that goods are clea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... red to Export Oriented Units. Hence, Refund for such exports can be claimed under Rule 5 of Cenvat Credit Rules, 2004 . as clearances to EOU. is considered Deemed Export . Also refer Noti.No.05/2006 CE (N.T.). (ii) Secondly, if there are more than one unit registered on the common PAN number , then you can Transfer the Cenvat credit of additional duty to such unit - Refer rule 10 A of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Cenvat Credit Rules, 2004 . (iii) Imported inputs can also be cleared as such under sub rule (5) of rule 3 of Cenvat Credit Rules, 2004 on payment of an amount equal to the credit availed in respect of such imported inputs. In above ways, the accumulated cenvat credit can be reduced. - Reply By Pradeep Khatri - The Reply = We are in agreement with the reply submitted by Mr. Naveed. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Keep it up Naveed - Reply By Naveed S - The Reply = Thanks a lot.. - Accumalation Central Excise Credit - Query Started By: - jagadesh kumar bhojanapalli Kumar Dated:- 25-2-2014 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - 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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