Our"s is a construction company purchasing Bitumain from the government (like IOCL) for road contract.
They issue Excise invoice (Rule 11 Invoice).Now we are taking only VAT input only.
My doubt is, as we are ultimate consumers of Bitumin i.e not transfering incedence of tax to anybody, why dont we claim for the refund of Excise duty that we are paid at the time of purchase?.
CAclubindia
