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Utilization of cenvat credit

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(Querist)
12 April 2013 WE HAVE HUGE BALANCE IN CENVAT ACCOUNT 12% & 4%. CAN WE UTILISE THE SAME FOR PAYMENT OF 2% & 1% ?
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Gorav Kumar Goyal

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Gorav Kumar Goyal (Expert)
15 April 2013 NO, it can never be utilized for 2% and 1%.


Gorav Kumar Goyal
G K Goyal & Associates
9910357301

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