ADITYA
(Manager Finance)
(742 Points)
Replied 07 May 2009
Dear Sir,
The Assessee can claim Refund of Un-utilised (Accumulated) Cenvat Credit under Cenvat Credit Rule 5 against export .
Is it possible to claim refund of Un-utilised Cenvat Credit against Deemed Export ie sale to EOU against CT- 3 ? What is the procedure and documentation is required for such refund ?
Regards
Suren
siddharth sanghrajka
(student)
(23 Points)
Replied 05 March 2011
hello sir.in my company there is a balance of cenvat credit which is unutilised. audit party is of opiniob that such unutised balance is termed as income and is taxable.i am against it..plz give the correct solution.
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 05 March 2011
| Originally posted by : suren | ||
 |
Dear Sir, The Assessee can claim Refund of Un-utilised (Accumulated) Cenvat Credit under Cenvat Credit Rule 5 against export . Is it possible to claim refund of Un-utilised Cenvat Credit against Deemed Export ie sale to EOU against CT- 3 ? What is the procedure and documentation is required for such refund ? Regards Suren |
 |
pay duty against export to EOU , and claim refund on the strength of ARE1/3 from department. against CT3 its not possible
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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