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CENVAT CREDIT

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(Querist)
10 September 2010 PROBLEM IS THAT IF CENVAT CREDIT IS HIGHER THAN AMOUNT OF TAXABLE SERVICE SO WHAT ARE THE TREATMENT OF THIS CENVAT CREDIT AMT AND ANY EXCEPTION?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
10 September 2010 Balance can be carry forward next year, and further can be adjusted
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GURSIMER SINGH

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GURSIMER SINGH (Querist)
10 September 2010
OR THERE IS ANY EXCEPTION IN CASE OF EXPORT OF SERVICES?



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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
10 September 2010 In case of export of service, refund for cenvat credit can be claimed.
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Ajay Raghatate

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Ajay Raghatate (Expert)
11 September 2010 Balance of Cenvat Credit will be your Op balance of next, year/month

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