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2018 (3) TMI 684 - AT - Central ExciseRefund claim - Rule 11 (2) of the Cenvat Credit Rules, 2004 - appellants deposited an amount equivalent to the Cenvat Credit (including Cess) allowed to them in respect of inputs lying in stock or in process or contained in final products lying in stock on the date of switch over - Held that: - Rule 11(2) as well as Rule 11(3) do not deal with a situation in which the balance in the cenvat credit is not adequate to cover the duty attributable to the inputs as well as finished products in stock on the date of opting out of cenvat credit scheme - there is no requirement for the appellants to pay the balance amount in cash. Consequently, they will be entitled to the refund of such amount, if already paid - appeal allowed - decided in favor of appellant.
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