Cenvat utilization
This query is : Resolved
Querist : Anonymous
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
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.
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 September 2011
thnax a lot sir,
can we are take depb benefit with department.
can we are take depb benefit with department.
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