TMI BlogRefund of CENVAT credit to units in specified areasX X X X Extracts X X X X X X X X Extracts X X X X ..... tained in these rules, where a manufacturer has cleared final products in terms of notification of the Government of India in the Ministry of Finance (Department of Revenue) No.20/2007-Central Excise, dated the 25th April, 2007 and is unable to utilize the CENVAT credit of duty taken on inputs required for manufacture of final products specified in the said notification, other than final product ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ized for payment of excise duty on other final products. 4. For the purpose of claiming refund, manufacturer is required to file a declaration with the AC/ DC. 5. A detailed statement of inputs received, Cenvat Credit taken, inputs used and Cenvat credit utilized etc. shall be submitted. 6. Refund application shall be filed each month by the 7 th day of next month. 7. Refund sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the tariff classification, rate of duty paid or payable on the materials so used, both in words and figures, in relation to the finished goods to be manufactured and cleared. However, if any particulars given in the declaration have undergone any changes, the revised declaration shall be filed by the manufacturer; the manufacturer shall submit a statement containing details namel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... month under consideration to the manufacturer within a period of 3 months from the date of receipt of the statement; and if there is likely to be any delay in the verification, the Assistant Commissioner or Deputy Commissioner of Central Excise, as the case may be, shall refund 80% of the amount on provisional basis by the 30 th day of the month following the month under consideration. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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