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Cenvat credit of previous year

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(Querist)
26 October 2010 Can closing balance of set off available of previous year be carry forward in the current year??? Is there any conditions regarding the same to carry it forward as in Incometax loss return shud be before due date.
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CA.Hanumantha Reddy

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CA.Hanumantha Reddy (Expert)
26 October 2010 Yes, you can carry forward the unutilised CENVAT credit to current year from previous year

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