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Rule 5B of the Cenvat Credit Rules, 2004 (introduced with effect from 1 July 2012) provides for refund of Cenvat credit to service providers who are providing services covered under the reverse charge mechanism, subject to conditions/procedures as may be prescribed. The Central Government vide Notification No. 12/2014-Central Excise (N.T.), dated 3 March 2014 (the Notification) has now prescribed the procedure to be followed for claiming refund of unutilised Cenvat credit taken on input and input services.