https://www.taxtmi.com/caselaws?id=123978 Unutilized CENVAT credit remaining with a DTA unit on conversion into a 100% EOU was held not refundable, because Central Excise law contained no provision permitting such a refund. The Board circular relied upon treated credit relating to plant and machinery as lapsing on conversion, and the claim was not based on credit used in the manufacture of export products. As the credit arose from domestic clearances made before the unit became a 100% EOU, the refund claim was not admissible and was correctly rejected. en-us Fri, 13 Jun 2008 00:00:00 +0530 Mon, 24 Sep 2012 11:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123978 Unutilized CENVAT credit remaining with a DTA unit on conversion into a 100% EOU was held not refundable, because Central Excise law contained no provision permitting such a refund. The Board circular relied upon treated credit relating to plant and machinery as lapsing on conversion, and the claim was not based on credit used in the manufacture of export products. As the credit arose from domestic clearances made before the unit became a 100% EOU, the refund claim was not admissible and was correctly rejected. Case-Laws Central Excise Fri, 13 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123978