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2017 (12) TMI 141 - CESTAT AHMEDABADCash refund of unutilized CENVAT credit - whether the Appellants are entitled to cash refund of the unutilized CENVAT credit availed on various capital goods lying in balance as on the date 30.3.2009 under Rule 5 of CENVAT Credit Rules, 2004 since the Appellants had adopted the benefit of N/N. 30/2004-CE dated 9.7.2004, and later the factory was closed? - Held that: - identical issue decided in the case of M/s Scan Synthetics Limited Versus CCE, Jaipur- I [2016 (6) TMI 316 - CESTAT NEW DELHI], where it was held that In the absence of any provision specifically permitting the refund of such credit, in cash, the same cannot be allowed on the basis of equity, justice and good conscious - cash refund cannot be allowed - appeal dismissed - decided against appellant.
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