https://www.taxtmi.com/caselaws?id=125772 Unutilized Cenvat credit was examined for refund in cash on closure of the factory and surrender of Central Excise registration. The text states that neither the Cenvat Credit Rules nor the Central Excise Rules contained any specific provision permitting such refund. In the absence of an enabling statutory provision, there was no legal basis to direct cash refund of accumulated credit. The refund claim was therefore held not maintainable, and rejection of the claim was upheld. en-us Fri, 09 Jan 2009 00:00:00 +0530 Tue, 30 Oct 2012 10:30:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125772 Unutilized Cenvat credit was examined for refund in cash on closure of the factory and surrender of Central Excise registration. The text states that neither the Cenvat Credit Rules nor the Central Excise Rules contained any specific provision permitting such refund. In the absence of an enabling statutory provision, there was no legal basis to direct cash refund of accumulated credit. The refund claim was therefore held not maintainable, and rejection of the claim was upheld. Case-Laws Central Excise Fri, 09 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125772