https://www.taxtmi.com/caselaws?id=1142 Refund of accumulated Cenvat credit was held admissible under Rule 5 where credit remained unutilised during the relevant period and could not be adjusted against clearances. The Tribunal treated Rule 5 as enabling refund of credit that cannot be set off, and rejected the view that mere availability of future utilisation defeats the claim. On that basis, the refund rejection was unsustainable and consequential relief followed. en-us Thu, 04 Jan 2007 00:00:00 +0530 Mon, 14 Apr 2008 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1142 Refund of accumulated Cenvat credit was held admissible under Rule 5 where credit remained unutilised during the relevant period and could not be adjusted against clearances. The Tribunal treated Rule 5 as enabling refund of credit that cannot be set off, and rejected the view that mere availability of future utilisation defeats the claim. On that basis, the refund rejection was unsustainable and consequential relief followed. Case-Laws Central Excise Thu, 04 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1142