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Cenvat utilization

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 September 2011 Dear sir,

Our firm is 100% export unit but we are purchasing excisable raw frm local market & taking cenvat in RG.23 PART-II.
Dear sir I want to know that how to utilized my cenvat on raw & wats process for solving this.

Wat we can sale or trnsfer the cenvat to anthor party. plz sugest me.

thanx

Anu Verma

21 September 2011 No such cenvat credit can not be sold or transferred but you can claim refund of the same by filing necessary documents with department and justifying that it is use for 100% export purpose.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 September 2011 thnax a lot sir,

can we are take depb benefit with department.




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