BAL OF 2% & 1% IN THE CENVAT A/c

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..... BAL OF 2% & 1% IN THE CENVAT A/c
Query (Issue) Started By: - MEHUL ASHAR Dated:- 15-3-2015 Last Reply Date:- 20-3-2015 Central Excise
Got 2 Replies
Central Excise
Respected Sir, As rega .....

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..... rding above subject my query is that one of my clients has the balance of 2% and 1% in the cenvat A/c in the february end then what I have to do Sir,Do I have to carry forward the balance and .....

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..... show in the return or not.Please reply. THANKING U Reply By Rajagopalan Ranganathan: The Reply: Sir, You have to keep the balance in your credit account and show it in your return. The Department .....

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..... is expected to issue some instructions in this regard. But normally when a dutiable goods got exempted from payment of duty then credit of duty paid on inputs available in credit account has to lapse .....

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..... . Reply By MEHUL ASHAR: The Reply: THANK U SIR U SOLVED MY CONFUSION.I M GRATEFUL 2 U.
Discussion Forum - Knowledge Sharing .....

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