https://www.taxtmi.com/caselaws?id=240918 Refund claims under Rule 5 of the CENVAT Credit Rules are not mechanically barred by Section 11B limitation where a relevant date for accumulated credit cannot be ascertained; the limitation machinery in Explanation B to Section 11B does not automatically govern such claims. At the same time, cash refund is available only if the accumulated credit is shown to relate to inputs used in final products exported under bond or letter of undertaking, and one-to-one correlation is not the governing test. Where the factual nexus between the credit and exported goods is disputed, the entitlement must be verified by the adjudicating authority before refund is granted or denied. en-us Mon, 17 Jun 2013 00:00:00 +0530 Mon, 30 Dec 2013 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240918 Refund claims under Rule 5 of the CENVAT Credit Rules are not mechanically barred by Section 11B limitation where a relevant date for accumulated credit cannot be ascertained; the limitation machinery in Explanation B to Section 11B does not automatically govern such claims. At the same time, cash refund is available only if the accumulated credit is shown to relate to inputs used in final products exported under bond or letter of undertaking, and one-to-one correlation is not the governing test. Where the factual nexus between the credit and exported goods is disputed, the entitlement must be verified by the adjudicating authority before refund is granted or denied. Case-Laws Central Excise Mon, 17 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240918