https://www.taxtmi.com/caselaws?id=243752 The appellate tribunal allowed the appeal in favor of the appellant, granting a refund of CENVAT credit for export of yarn. The tribunal held that maintaining separate credit accounts for Basic Excise Duty and Additional Excise Duty led to the denial of the refund, contrary to the rules permitting interchangeability of duties for payment. The decision clarified the entitlement to credit refunds, the permissibility of consolidated credit accounts, and the correct credit utilization for different excise duties under the CENVAT Credit Rules, 2004. en-us Tue, 26 Nov 2013 00:00:00 +0530 Tue, 26 May 2015 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243752 The appellate tribunal allowed the appeal in favor of the appellant, granting a refund of CENVAT credit for export of yarn. The tribunal held that maintaining separate credit accounts for Basic Excise Duty and Additional Excise Duty led to the denial of the refund, contrary to the rules permitting interchangeability of duties for payment. The decision clarified the entitlement to credit refunds, the permissibility of consolidated credit accounts, and the correct credit utilization for different excise duties under the CENVAT Credit Rules, 2004. Case-Laws Central Excise Tue, 26 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243752