Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2016 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (1) TMI 203 - AT - Central ExciseCenvat Credit - Export of exempted goods - Manufacture and Export of grey fabrics without payment of duty - Appellant did not execute any bond for export of the grey fabrics as required on an understanding that the clearances were exempted from payment of duty - appellant was issued a show-cause notice for demand of 5% or 10% of the value of goods cleared for export, which were exempted since no separate accounts were maintained - Held that:- refund of input credit is admissible when exempted goods are exported without execution of bond. - The ratio of the judgement of this Tribunal in the case of Well Known Polyesters Ltd. v. CCE - [2011 (1) TMI 664 - CESTAT, AHMEDABAD] would cover the issue in hand. - Decided in favor of assessee.
|