Refund of cenvat

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2012 In service tax, refund of CENVAT is available in case of export of goods.
I want know can refund of CENVAT be claimed in other cases also.

For e.g.:- I am providing construction services and paying service tax on output services provided by me. I am also using CENVAT credit of service tax paid by me on input services and duty paid on capital goods for discharging my service tax liability.

My query is:-
If I am having balance in CENVAT receivable account at end of year can I claim refund of it? I know I can use it for discharging my service tax liability on output service, but if CENVAT will not going to be utilized at all in future than what to do?

U S Sharma

U S Sharma (Expert)

15 September 2012 in a nutshell the input credit ( excluding the input credit on capital goods) can not exceed the output tax, and input credit on capital goods can be used / utlized for shortfall of such output tax over years.

there is no way for refund of such credit.

Querist : Anonymous

Querist : Anonymous (Querist)

15 September 2012 Thank you for your reply.

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