https://www.taxtmi.com/caselaws?id=244667 The Tribunal allowed the appellant's appeal, granting a refund claim under Notification 5/2006 despite being manufacturers of exempted goods and not exporting under bond. The decision was based on precedents allowing refund of CENVAT credit for inputs used in exempted goods exported under Rule 5, emphasizing competitiveness in the international market. The Tribunal held that non-execution of bonds for export of exempted goods is a technical lapse, not a ground for denial, aligning with previous decisions. Consequently, the appellant was entitled to the refund claim, and the appeals were allowed with consequential relief granted. en-us Mon, 06 Jan 2014 00:00:00 +0530 Tue, 29 Aug 2017 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244667 The Tribunal allowed the appellant's appeal, granting a refund claim under Notification 5/2006 despite being manufacturers of exempted goods and not exporting under bond. The decision was based on precedents allowing refund of CENVAT credit for inputs used in exempted goods exported under Rule 5, emphasizing competitiveness in the international market. The Tribunal held that non-execution of bonds for export of exempted goods is a technical lapse, not a ground for denial, aligning with previous decisions. Consequently, the appellant was entitled to the refund claim, and the appeals were allowed with consequential relief granted. Case-Laws Central Excise Mon, 06 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244667