https://www.taxtmi.com/caselaws?id=167298 Rule 56A barred cash or cheque refund of credit lying in RG 23 account, even where excess duty had been paid on the finished product. The special provision for utilising unutilised credit in specified situations did not override the express prohibition on converting statutory credit into cash. Where credit was available for adjustment, the proper course was crediting the RG 23 account rather than payment in cash. Accordingly, a claim for cash refund of the excess amount was not maintainable. en-us Fri, 15 Jun 1984 00:00:00 +0530 Mon, 15 Dec 2014 14:59:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167298 Rule 56A barred cash or cheque refund of credit lying in RG 23 account, even where excess duty had been paid on the finished product. The special provision for utilising unutilised credit in specified situations did not override the express prohibition on converting statutory credit into cash. Where credit was available for adjustment, the proper course was crediting the RG 23 account rather than payment in cash. Accordingly, a claim for cash refund of the excess amount was not maintainable. Case-Laws Central Excise Fri, 15 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167298