https://www.taxtmi.com/caselaws?id=335444 Refund of accumulated CENVAT credit under Rule 5 was held admissible for goods exported under bond, because exports fall within the exception to the general restriction on credit. The fact that the final product attracted nil duty or was otherwise exempt did not, by itself, defeat the refund where the inputs were used in relation to the exported goods. Applying settled precedent, the claim was allowed and the Revenue's challenge failed. en-us Mon, 21 Nov 2016 00:00:00 +0530 Fri, 02 Dec 2016 21:13:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335444 Refund of accumulated CENVAT credit under Rule 5 was held admissible for goods exported under bond, because exports fall within the exception to the general restriction on credit. The fact that the final product attracted nil duty or was otherwise exempt did not, by itself, defeat the refund where the inputs were used in relation to the exported goods. Applying settled precedent, the claim was allowed and the Revenue's challenge failed. Case-Laws Central Excise Mon, 21 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335444