https://www.taxtmi.com/caselaws?id=255834 The Tribunal upheld the rejection of the appellant's refund claim for Cenvat credit on inputs used in manufacturing electric cars cleared for export under bond. The rejection was based on Rule 5 of the Cenvat Credit Rules, 2004, which prohibits refund claims if the manufacturer avails of drawback or rebate of duty under Central Excise Rules. The Tribunal found that the accumulation of Cenvat credit was due to duty rate variances, not exports, and distinguished a precedent cited by the appellant. Consequently, the appeal was dismissed, affirming the rejection of the refund claim. en-us Tue, 06 May 2014 00:00:00 +0530 Wed, 28 Jan 2015 06:36:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255834 The Tribunal upheld the rejection of the appellant's refund claim for Cenvat credit on inputs used in manufacturing electric cars cleared for export under bond. The rejection was based on Rule 5 of the Cenvat Credit Rules, 2004, which prohibits refund claims if the manufacturer avails of drawback or rebate of duty under Central Excise Rules. The Tribunal found that the accumulation of Cenvat credit was due to duty rate variances, not exports, and distinguished a precedent cited by the appellant. Consequently, the appeal was dismissed, affirming the rejection of the refund claim. Case-Laws Central Excise Tue, 06 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255834