revert back of cenvat
This query is : Resolved
22 June 2009
we have exported a material under rebate claim.we dabited the duty from cenvat register
now we don`t want to claim the rebate from excise because we have got the drawback from the same shipment
we have submitted the proof of export with the excise department within the statuatory period
now can we revert back the excise duty amount to our cenvat register which we dabited at the time of export
pls advice
Thanks & regds.
RK Saini
now we don`t want to claim the rebate from excise because we have got the drawback from the same shipment
we have submitted the proof of export with the excise department within the statuatory period
now can we revert back the excise duty amount to our cenvat register which we dabited at the time of export
pls advice
Thanks & regds.
RK Saini
11 September 2009
No.
You can debit the credit but You can not take the Cenvat Credit in your own with out having proper document/invoice. As per Rule 3 of Cenvat Credit Rules.
It causes irregular availment of Cenvat Credit.
You can debit the credit but You can not take the Cenvat Credit in your own with out having proper document/invoice. As per Rule 3 of Cenvat Credit Rules.
It causes irregular availment of Cenvat Credit.
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