Cenvat credit refund
This query is : Resolved
Guest
Guest
(Querist)
06 June 2015
What is mean by refund of CENVAT credit?Is it will be refunded in cash to manufacturer or provider of output services?Please explain me in simple words.
06 June 2015
Yes it will be refunded in cash. See the link for more information.
https://www.kpmg.com/in/en/services/tax/flashnews/procedures-prescribed-for-the-refund-of-cenvat-credit.pdf
https://www.kpmg.com/in/en/services/tax/flashnews/procedures-prescribed-for-the-refund-of-cenvat-credit.pdf
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