https://www.taxtmi.com/caselaws?id=249617 The appellant, engaged in manufacturing metal containers, LPG cylinders, and related components, opted for exemption under notification No. 50/2003 dated 10.6.03. Central Excise officers advised them to reverse the credit of duty on goods in stock, but the Commissioner (Appeals) allowed the refund claim, stating the appellant was not obligated to reverse the credit upon opting for exemption. The appellant was also entitled to a refund of the reversed amount, recredited to their Cenvat account. The Revenue's appeal was rejected, affirming the Commissioner's decision. en-us Fri, 31 Jan 2014 00:00:00 +0530 Fri, 18 Jul 2014 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249617 The appellant, engaged in manufacturing metal containers, LPG cylinders, and related components, opted for exemption under notification No. 50/2003 dated 10.6.03. Central Excise officers advised them to reverse the credit of duty on goods in stock, but the Commissioner (Appeals) allowed the refund claim, stating the appellant was not obligated to reverse the credit upon opting for exemption. The appellant was also entitled to a refund of the reversed amount, recredited to their Cenvat account. The Revenue's appeal was rejected, affirming the Commissioner's decision. Case-Laws Central Excise Fri, 31 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249617