https://www.taxtmi.com/caselaws?id=4601 Rule 5 of the Cenvat Credit Rules, 2002 permits refund of accumulated input credit where the manufacturer cannot use it against home clearances or export duty liability, subject to the notified safeguards. Read with Notification No. 11/02-CE (N.T.), the refund condition is satisfied when final products are wholly exported and domestic clearances are insufficient to absorb the credit. The text treats unutilised credit as a substantive entitlement and states that a narrow reading of the notification should not defeat refund where utilisation is not practically possible. en-us Fri, 07 Mar 2008 00:00:00 +0530 Tue, 15 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4601 Rule 5 of the Cenvat Credit Rules, 2002 permits refund of accumulated input credit where the manufacturer cannot use it against home clearances or export duty liability, subject to the notified safeguards. Read with Notification No. 11/02-CE (N.T.), the refund condition is satisfied when final products are wholly exported and domestic clearances are insufficient to absorb the credit. The text treats unutilised credit as a substantive entitlement and states that a narrow reading of the notification should not defeat refund where utilisation is not practically possible. Case-Laws Central Excise Fri, 07 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4601