TMI Blog2018 (8) TMI 604X X X X Extracts X X X X X X X X Extracts X X X X ..... the accumulated CENVAT credit refunded as cash was again deposited to the Government treasury with interest - there are no reason to allow credit of the amount of ₹ 64,087/- to the appellant - credit allowed - appeal allowed - decided in favor of appellant. - Appeal No. E/85939/2018 - A/86861/2018 - Dated:- 6-7-2018 - Dr. D.M. Misra, Member (Judicial) Shri Vikram G. Khade, Advocate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the appellant had deposited the amount of ₹ 64,087/- along with interest and requested to allow them to take credit of the said refund amount in their cenvat credit amount. However, they were issued with a demand notice on 28.2.2017 for appropriation of the said amount along with proposal for penalty. On adjudication, the demand was confirmed with interest and penalty. Aggrieved by the said ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reason, the amount should be allowed to be credited again to their cenvat credit account. 4. I find that the short issue involved in the present appeal is whether the appellant are entitled to take credit of ₹ 64,087/-, which was initially claimed as cash refund of accumulated cenvat credit under Rule 5 of the Cenvat Credit Rules, 2004. It is not in dispute that the accumulated cenvat cr ..... X X X X Extracts X X X X X X X X Extracts X X X X
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