https://www.taxtmi.com/caselaws?id=111101 Accumulated Modvat credit that became unusable after a change to the compounded levy regime was refundable under Rule 57F(13) if the credit could not be utilised for any reason. The tribunal treated the rule as covering the assessee's unutilised balance and held that the absence of a separate administrative clarification could not defeat the statutory entitlement. Payment of duty through PLA did not, by itself, justify denial of refund where the claim otherwise fell within the rule. The refund was therefore admissible, and the Revenue's challenge failed. en-us Wed, 10 Dec 2003 00:00:00 +0530 Fri, 20 Apr 2012 13:09:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111101 Accumulated Modvat credit that became unusable after a change to the compounded levy regime was refundable under Rule 57F(13) if the credit could not be utilised for any reason. The tribunal treated the rule as covering the assessee's unutilised balance and held that the absence of a separate administrative clarification could not defeat the statutory entitlement. Payment of duty through PLA did not, by itself, justify denial of refund where the claim otherwise fell within the rule. The refund was therefore admissible, and the Revenue's challenge failed. Case-Laws Central Excise Wed, 10 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111101