https://www.taxtmi.com/forum/issue?id=110006 Refund of accumulated CENVAT Credit is not available solely because of an inverted duty structure; refunds are available in the context of exports under the statutory refund/rebate mechanisms. Exporting under rebate is the practical alternative to realize accumulated credit; absent exports, accumulated credit generally cannot be converted into cash and administrative measures (demands, bank guarantees, refusal of indemnities) may be employed by the revenue. en-us Tue, 08 Mar 2016 02:00:30 +0530 Thu, 23 Jan 2025 15:56:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110006 Refund of accumulated CENVAT Credit is not available solely because of an inverted duty structure; refunds are available in the context of exports under the statutory refund/rebate mechanisms. Exporting under rebate is the practical alternative to realize accumulated credit; absent exports, accumulated credit generally cannot be converted into cash and administrative measures (demands, bank guarantees, refusal of indemnities) may be employed by the revenue. Discussion-Forum Central Excise Tue, 08 Mar 2016 02:00:30 +0530 https://www.taxtmi.com/forum/issue?id=110006