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Refund of CENVAT Credit for Non Exports

This query is : Resolved 

01 May 2011 Dear Sir,

We are manufacturing Steel Structure and are registered in Excise. We are supplying Steel Items to Various companies under M.P. State Electricity Board(MPPKVVCL).
We are supplying them under Excise Exemption under Notification No. 108/95. for Asian development Bank Funded Projects. Hence we have huge amount of unused Excise Credit. This excise has been paid by us for Steel purchased by us. Can we get this unutilised Credit Refunded.
Pl. Advice us.

Prakhar Gupta - 9415034474

03 May 2011 Maybe deemed export benefits could be available. Seek expert advise.



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