https://www.taxtmi.com/caselaws?id=154881 Refund of accumulated Modvat credit under Rule 57F is not available where the assessee fails to prove export under bond and the factual basis for earlier relief is disproved. The earlier allowance of deemed credit refund was premised on inputs having been used in goods exported under bond, but the record showed export on payment of duty under rebate claim instead, and the assessee produced no material to rebut that finding. On that basis, the refund claim was held inadmissible, and adverse inference could be drawn from the failure to produce evidence. en-us Thu, 22 Oct 2009 00:00:00 +0530 Thu, 29 Aug 2013 12:42:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154881 Refund of accumulated Modvat credit under Rule 57F is not available where the assessee fails to prove export under bond and the factual basis for earlier relief is disproved. The earlier allowance of deemed credit refund was premised on inputs having been used in goods exported under bond, but the record showed export on payment of duty under rebate claim instead, and the assessee produced no material to rebut that finding. On that basis, the refund claim was held inadmissible, and adverse inference could be drawn from the failure to produce evidence. Case-Laws Central Excise Thu, 22 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154881