Refund of excess excise credit

Dear All,

 

We have accumulated Cenvat Credit for the past 2 years.Our Unit basically does job work and very little of excisable sales.

As such the credit availed on machine purchases and other purchases lead to this accumuation of cenvat.A Small part of it is used to pay excise duty every month.

My Questions are,

1) Is it possible to Claim refund of Cenvat  in our case ? (We are not doing any export business)

2) Withing how many years the refund claim has to be made ? Is there a time-limit.

Please advice any possible way for the  recovery of  Cenvat credit in our account,

Regards

Lalitha

Replies (3)

Cenvat credit accumulation resulting from export without duty is refundable. Otherwise , there is no provision for refund.

1. Refund claim is not possible, except rebate claim under exports.

2. No time limit

Respected Mam,

I think that you are using your input purchase for Job work only. So one option can be you do the separate billing for material with some value addition subject to the product which is supplied have distinct identity & characteristics.

For this you need to request your customer for some diffrent system for billing.

M.No.9822610852

 

  

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