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2017 (5) TMI 1189 - AT - Central ExciseRefund claim - refund of CENVAT Credit lying unutilized in their Cenvat Credit account - Held that: - it is clear that Rule 5 of CCR, 2004 does not authorize granting refund of CENVAT Credit in all the cases; it authorizes grant of refund only in case where final products have been exported. Thus, there is no provision in law of Central Excise for grant of refund of such accumulated credit to the appellant - As the policy of the Government is that tax on exported goods is zero rated and the export goods should not suffer any taxes. Therefore, a provision such as Rule 5 allows the refund of duty in respect of CENVAT credit on inputs which have suffered Central Excise duty but the finished goods are exported - appeal dismissed - decided against appellant.
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