https://www.taxtmi.com/caselaws?id=259572 Refund of unutilized Cenvat credit for exports was confined to the credit actually attributable to exported goods after excluding credit relatable to raw materials and finished goods lying in stock. The Tribunal held that Rule 5 of the Cenvat Credit Rules, 2002 permits refund only of accumulated credit that could not be used for domestic clearances, and that the adjudicating authority's working correctly reflected the credit available at the end of the relevant quarter. The appellant's cited decisions were found factually inapplicable. The refundable amount was therefore restricted to Rs. 39,49,239, and no further refund was admissible. en-us Wed, 21 Jan 2015 00:00:00 +0530 Fri, 15 May 2015 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259572 Refund of unutilized Cenvat credit for exports was confined to the credit actually attributable to exported goods after excluding credit relatable to raw materials and finished goods lying in stock. The Tribunal held that Rule 5 of the Cenvat Credit Rules, 2002 permits refund only of accumulated credit that could not be used for domestic clearances, and that the adjudicating authority's working correctly reflected the credit available at the end of the relevant quarter. The appellant's cited decisions were found factually inapplicable. The refundable amount was therefore restricted to Rs. 39,49,239, and no further refund was admissible. Case-Laws Central Excise Wed, 21 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259572