Cenvat credit

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Satish shastri (Querist)
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03 December 2009 Assessee Exports the services only which is exempt and he has some input credit also.. What the cenvat provision said is, one can claim credit only against taxable output services..Can assessee claim the refund of that input credit in cash under CCR??

Plz tell is there any notification???

CA.Hanumantha Reddy

CA.Hanumantha Reddy (Expert)
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03 December 2009 Pls let me know what are those services being exported. Yes, you can not claim refund of input credit if you are exporting exempted services.

Satish shastri

Satish shastri (Querist)
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03 December 2009 yes u are right, but i want to ask can i claim refund of that input credit in cash???

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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03 December 2009 yes, you can

Satish shastri

Satish shastri (Querist)
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05 December 2009 Is there any notification regarding the same???

CA.Hanumantha Reddy

CA.Hanumantha Reddy (Expert)
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05 December 2009 No, you can not claim as a refund of unutilized input credit as your exports services are exempted. Hence, it is cost for you.

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