Cenvat credit rules 2004
This query is : Resolved
05 June 2013
input credit on export service can be adjustable with output with domestic service.....??????
05 June 2013
Yes Rule 5 specifically allows for that. If credit getting accumulated due to export, the duty refund can be applied for. Presently takes some time to be refunded with a lot of red tape and at times corruption.
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