Cenvat credit refundable or not ???
This query is : Resolved
26 July 2013
Respected Sir/Madam,
If we surrender the Central excise no., the Cenvat Credit outstanding in our account can be refunded..???
If we surrender the Central excise no., the Cenvat Credit outstanding in our account can be refunded..???
26 July 2013
Rule 5 of Cenvat Credit Rules do not prohibit refund of cenvat credit by way of cash.
Due to closure and surrender,as decided in Union of India V. Slovak Indian Trading Co. Pvt. Ltd., this is possible, in my opinion.
Due to closure and surrender,as decided in Union of India V. Slovak Indian Trading Co. Pvt. Ltd., this is possible, in my opinion.
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