TMI BlogBAL OF 2% & 1% IN THE CENVAT A/cX X X X Extracts X X X X X X X X Extracts X X X X ..... Respected Sir, As regarding above subject my query is that one of my clients has the balance of 2% and 1% in the cenvat A/c in the february end then what I have to do Sir, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Do I have to carry forward the balance and show in the return or not.Please reply. THANKING U - Reply By Rajagopalan Ranganathan - The Reply = Sir, You have to keep the balance in your credit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... account and show it in your return. The Department is expected to issue some instructions in this regard. But normally when a dutiable goods got exempted from payment of duty then credit of duty pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... id on inputs available in credit account has to lapse. - Reply By MEHUL ASHAR - The Reply = THANK U SIR U SOLVED MY CONFUSION.I M GRATEFUL 2 U. - BAL OF 2% & 1% IN THE CENVAT A/c - Query Started ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By: - MEHUL ASHAR Dated:- 15-3-2015 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mentindia - 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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