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Guest

Guest (Querist)

12 May 2013 when input is very high but its availment is very low upto 15% of d input . wat is d remeady available under d Law ? whether it can be refunded?

CA Vikas Acharya

CA Vikas Acharya (Expert)
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16 May 2013 In my opinion

in case of manufacturer:
if input etc used for manufacturing goods for export.
or have availed the exemption 20/2007.

In case of service provider:
only if you providing Export services
or if you providing services on which partial reverse charge is apllicable.

- as per rule 5 and rule 5B
only in above situations refund allowed as per rules prescribed for refund