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2012 (10) TMI 586 - AT - Central ExciseRefund in cash – demand of duty - refund application for refunding the Cenvat credit in cash as they had surrendered registration certificate - held that:- If the final products is not dutiable or if the duty incidence on final product is lower than that on the inputs, there is no provision in the scheme to give cash refund of credit accumulated. After accumulating credit if the factory is closed down the position cannot change. In the case of Gauri Plasticulture (P) Ltd. (2006 (8) TMI 225 - CESTAT, MUMBAI ) - such refund in cash is not warranted in the facts of this case - decided against the assessee.
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