2008 (9) TMI 176 - PUNJAB AND HARYANA HIGH COURT

Mode of refund - Rebate / refund to be made in Cash or to be re-credited into Cenvat Credit account - petitioner paid lesser duty on the domestic product and higher duty on the export product which was admittedly not payable - petitioner asserts that it is entitled to claim the entire refund in cash – revenue’s plea that petitioner is entitled to cash refund only of the portion deposited by it by actual credit and for the remaining portion, refund by way of credit is appropriate, is acceptable - Circular No.687/3/2003 can be of no avail to the petitioner – petition dismissed