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have not file yet, Central Excise

Issue Id: - 115405
Dated: 8-9-2019
By:- prateek samaiya
have not file yet

  • Contents

What happens to credit in PLA ledger if TRAN 1 is not filled at all. Is there any to get this credit refunded?

Posts / Replies

Showing Replies 1 to 5 of 5 Records

1 Dated: 8-9-2019

TRANS-1 was not meant for carrying forward unused balance lying in PLA as on 30.6.17. It was meant for carrying forward unused Cenvat Credit balance as per Central Excise returns/Service Tax return/VAT return as on 30.7.17. You can claim refund of balance lying in PLA at any time. It is not time barred. It is yours money.

2 Dated: 9-9-2019
By:- Himansu Sekhar

Please go through answer to question 43 of the faqs released for mining sector. Source

3 Dated: 9-9-2019
By:- Himansu Sekhar

Refund can be filed

4 Dated: 12-9-2019

I concur with the views of the experts.

5 Dated: 22-9-2019
By:- Ganeshan Kalyani

I agree with the Sri Kasturi Sir. The tran1 was not meant to carry forward PLA balance. The tax payer can apply for the refund.


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