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2014 (7) TMI 352 - CESTAT MUMBAIRefund of CENVAT Credit - export of goods - earlier credit was reversed treating the goods as exempt - claim of refund filed after decision of tribunal held that supply of Indian Navy is export - Held that:- appellant is an exporter and the said CENVAT credit is accumulated in the CENVAT credit account due to the exports only. It is also a fact on record that the factory is closed therefore, the appellant is not able to utilize the amount lying in the CENVAT credit account. Accordingly, as per the Circular cited above, the appellant is entitled to take the amount in cash. Therefore, I direct the concerned authorities to issue the refund in cash to the appellant. - Decided in favour of assessee.
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