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Excess cenvat

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..... Excess cenvat
Query (Issue) Started By: - SACHIN SHAH Dated:- 31-1-2011 Last Reply Date:- 31-1-2011 Central Excise
Got 1 Reply
Central Excise
Sir, We are group of company , our one unit .....

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..... exporting material about 80% and another unit export is less final product also different every unit . our point is that our one unit lying at surat , which was accumulated duty about 3 crore and more .....

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..... . So please advise how it is utilise , one option we have rebate claim or refund , we have any onother option athore than this . SACHIN Reply By Mangesh Lokre: The Reply: Dear Mr Shah You may op .....

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..... t for Large Tax Payer Unit where all the units will registered at single window. Please go through the conditions for obtaining LTU, if you are complying then go for LTU When you will be LTU, then y .....

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..... ou may transfer such unutilised credit to any plant on transfer challan. This will help you to liquidate the Cenvat. Another advantage is you can transfer the CG within the group companies at Nil ra .....

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..... te of Duty. Till time, you only have option of Rebate/Refund.
Discussion Forum - Knowledge Sharing .....

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