TMI BlogCenvat credit - refund of unutilized creditX X X X Extracts X X X X X X X X Extracts X X X X ..... under Rule 5A of Cenvat Credit Rule, 2004 , if the units availing notification no. 20/2007 dated 25.4.2007 is unable to utilize the credit of inputs, he will get the refund of balance amount of u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nutilised credit on inputs. what is the scope of unable to utilize, pl illustrate examples. whether any clarification has been issued by cbec or not,pl make a reference to. - Reply By Rama Krishana - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Reply = There may be various combinations of the various situations for availing and utilizing cenvat credit as per notification no. 20/2007 read with rule 5A of the cenvat credit rules, 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 04 . A simple can be: (i) duty payable on the finished goods = Rs. 5000/- (ii) cenvat credit available on Inputs = Rs. 6000/- (this may be due to higher rate of duty on inputs or SAD on import or prev ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ious rate of duty i.e. 14% or 10% as the case may be.) (iii) manufacture is not able to utilize the credit of Rs. 1000/- [Suppose the condition of value addition as per the notification no. 20/2007 ] ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he can file refund claim under rule 5A. - Cenvat credit - refund of unutilized credit - Query Started By: - kiran kujur Dated:- 7-9-2009 Central Excise - Got 1 Reply - Central Excise - Discussion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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