TMI BlogEligibility of refund to the service receiverX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear sirs. Xyz ltd. is having huge amount of cenvat credit accumulated in his credit due to supply of goods under notification no. 12/2012-ce sl. no 338/336 . He is receiving wct, mra, and cab servic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es and paying ST undef reverse charge. He is also providing some output services as a service provider. My queries are:-1. is he eligible for refund of service tax paid by him under reverse charge on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wct, mra and cab as a service receiver. 2. Is he eligible for refund of inputs under rule 5 of CCR 2004 on the supply to mega power project under sl. No. 336and 338 of notification no. 12/2012-ce ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . All these supplies has been treated as deemed export. 3. Any other way under indirect taxlaws/FTP which he can use to cash his cenvat credit. The manufacturer is having cenvat credit of more than & ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... #x20B9; 5 crores as 80% supply is deemed export. Further, he has no export out of india. Please reply. Thanks and regards for your valuable suggestion. - Reply By Madhukar N Hiregange - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The option of procurement under advance license and application for refund under rule 5 regularly could bring this accumulation down. - Eligibility of refund to the service receiver - Query Started ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By: - KARAN KUMAR Dated:- 20-9-2014 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementind ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ia - 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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