New establishment

Dear Deepanshu,

as u said that u r nt in a position to utilise the ccr within 6 months, u cn apply for refund of the ccr which is near about to lapse. u hv to convince the authority with ur plea why u want refund and production has not been started in the factory and u r unable to generate duty to utilise the ccr. or ask them to start the ccr validity from the day of production start. otherwise the only way is to book the lapsed ccr as the expenditure in the accounts.

it is a time taking process and could be a ladmark decision.