Refund of unutilised cenvat and service tax input credit
This query is : Resolved
05 March 2017
Dear Sir
Our management has suddenly decided to discontinue the business operations and close the unit. We are left over with huge Cenvat credit and Service Tax input credit balances. We are planning to export the left over Inventories to different units in the world.
Query: No.1
Is there any way in central excise / Service tax to claim the refund of left over balances. If yes what is the procedure
or
Can i export the inventories under payment of duty and claim rebates??
Query No.2
We are operating from a leased premises. My landlord is insisting us to provide NOC from the concerned Central Excise office by the date of vacating.
Under Central excise is there any provision existing to obtain the same. Or how to convince / satisfy my landlord.
Our management has suddenly decided to discontinue the business operations and close the unit. We are left over with huge Cenvat credit and Service Tax input credit balances. We are planning to export the left over Inventories to different units in the world.
Query: No.1
Is there any way in central excise / Service tax to claim the refund of left over balances. If yes what is the procedure
or
Can i export the inventories under payment of duty and claim rebates??
Query No.2
We are operating from a leased premises. My landlord is insisting us to provide NOC from the concerned Central Excise office by the date of vacating.
Under Central excise is there any provision existing to obtain the same. Or how to convince / satisfy my landlord.
11 March 2017
You need to registered under central excise and export the goods under rule 18 with payment of excise duty and get rebate.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
