Refund of unutilised cenvat and service tax input credit
This query is : Resolved
Raghu Vittal Rao
(Querist)
05 March 2017
Dear Sir
Our management has suddenly decided to discontinue the business operations and close the unit. We are left over with huge Cenvat credit and Service Tax input credit balances. We are planning to export the left over Inventories to different units in the world.
Query: No.1
Is there any way in central excise / Service tax to claim the refund of left over balances. If yes what is the procedure
or
Can i export the inventories under payment of duty and claim rebates??
Query No.2
We are operating from a leased premises. My landlord is insisting us to provide NOC from the concerned Central Excise office by the date of vacating.
Under Central excise is there any provision existing to obtain the same. Or how to convince / satisfy my landlord.
Our management has suddenly decided to discontinue the business operations and close the unit. We are left over with huge Cenvat credit and Service Tax input credit balances. We are planning to export the left over Inventories to different units in the world.
Query: No.1
Is there any way in central excise / Service tax to claim the refund of left over balances. If yes what is the procedure
or
Can i export the inventories under payment of duty and claim rebates??
Query No.2
We are operating from a leased premises. My landlord is insisting us to provide NOC from the concerned Central Excise office by the date of vacating.
Under Central excise is there any provision existing to obtain the same. Or how to convince / satisfy my landlord.
Arun Kumar Singh
(Expert)
11 March 2017
You need to registered under central excise and export the goods under rule 18 with payment of excise duty and get rebate.
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