Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2010 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2010 (1) TMI 637 - AT - Central ExciseRefund claim - Accumulated Cenvat credit - Deemed exports - Appellants filed claim for refund of Rs. 4,17,531/- for accumulated Cenvat credit on the inputs used in the manufacture of excisable goods cleared to a 100% EOU - As per the decision in the case of Sanghi Textiles Limited and the decision in the case of S.V. Business Pvt. Ltd., Tribunal came to the conclusion that even in the case of deemed exports, refund is admissible. Limitation - In the absence of specific provisions related to refund of accumulated credit in Section 11B of Central Excise Act, 1944, the claim of the appellant that time limit is not applicable has to be upheld - Hence, the appeal filed by the Revenue is rejected and appeal filed by the appellant is allowed.
|