https://www.taxtmi.com/caselaws?id=188673 Refund of unutilized Cenvat credit under Rule 5 was held admissible where a domestic tariff area unit supplied goods to a 100% export oriented unit against CT-3 certificates and the supplies were treated as deemed export. The analysis followed NBM Industries and applied the principle that refund cannot be denied merely because the clearances were not actual exports, so long as the credit had accumulated on inputs used in those supplies. Rejection of the refund on the ground of absence of actual export was therefore unsustainable, and the refund claim was directed to be granted with interest according to law. en-us Fri, 12 Feb 2016 00:00:00 +0530 Mon, 12 Dec 2016 12:08:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188673 Refund of unutilized Cenvat credit under Rule 5 was held admissible where a domestic tariff area unit supplied goods to a 100% export oriented unit against CT-3 certificates and the supplies were treated as deemed export. The analysis followed NBM Industries and applied the principle that refund cannot be denied merely because the clearances were not actual exports, so long as the credit had accumulated on inputs used in those supplies. Rejection of the refund on the ground of absence of actual export was therefore unsustainable, and the refund claim was directed to be granted with interest according to law. Case-Laws Central Excise Fri, 12 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188673