https://www.taxtmi.com/caselaws?id=115885 Refunds under Notification No. 33/99-C.E., as amended by Notification No. 61/2002-C.E., had to be computed after reducing the Cenvat credit availed on inputs used in or in relation to the manufacture of the cleared goods. The amended proviso capped the refund at the duty paid less such input credit, and the refund sanctions made during the relevant period were correctly calculated on that basis. As the claims were properly restricted by the Cenvat credit availed in the respective months, it was unnecessary to decide whether the amendment operated retrospectively. en-us Tue, 18 Jan 2005 00:00:00 +0530 Mon, 04 Jun 2012 18:45:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115885 Refunds under Notification No. 33/99-C.E., as amended by Notification No. 61/2002-C.E., had to be computed after reducing the Cenvat credit availed on inputs used in or in relation to the manufacture of the cleared goods. The amended proviso capped the refund at the duty paid less such input credit, and the refund sanctions made during the relevant period were correctly calculated on that basis. As the claims were properly restricted by the Cenvat credit availed in the respective months, it was unnecessary to decide whether the amendment operated retrospectively. Case-Laws Central Excise Tue, 18 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115885