Cenvat credit issue
This query is : Open
Vivek Tibrewal
(Querist)
11 June 2016
Sir,
We had a construction company and we had lots of cenvat credit remain unutilise during the year and since a recent case law passed by delhi high court that no service tax would be chargeable on sale of flat.
My issues is how we can utilise my input cenvat credit which remain un utilise and whether we can claim refund if yes please reply along with section and with reference to case law
We had a construction company and we had lots of cenvat credit remain unutilise during the year and since a recent case law passed by delhi high court that no service tax would be chargeable on sale of flat.
My issues is how we can utilise my input cenvat credit which remain un utilise and whether we can claim refund if yes please reply along with section and with reference to case law
Rachit Nagpal
(Expert)
11 June 2016
If you don't have any output services then you cant utilize the same.it simply becomes your cost and there is no provision in your case to take refund.
Vivek Tibrewal
(Querist)
11 June 2016
Is there is any other option left for me so that we can get cenvat credit
11 June 2016
the applicant shall file the refund claim along with copies of the return (s) filed for the half year for which the refund is claimed
Rachit Nagpal
(Expert)
12 June 2016
@sowmya Could you please quote the section in which refund is admissible.
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