https://www.taxtmi.com/caselaws?id=189249 The Tribunal upheld the original decision, rejecting the appeal against the rejection of a refund claim amounting to Rs. 17,29,019 under Rule 11B. The appellant's reversal of Cenvat credit under Rule 6(3)(ii) was deemed irrevocable during the financial year, as per Explanation 1 to Rule 6(3). The Tribunal emphasized the non-modifiable nature of the chosen option and distinguished the case from a precedent related to SSI exemption. The appeal was dismissed, affirming the non-withdrawable status of the selected option under Rule 6(3) of the Cenvat Credit Rules, 2004. en-us Wed, 09 Mar 2016 00:00:00 +0530 Sat, 11 Feb 2017 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189249 The Tribunal upheld the original decision, rejecting the appeal against the rejection of a refund claim amounting to Rs. 17,29,019 under Rule 11B. The appellant's reversal of Cenvat credit under Rule 6(3)(ii) was deemed irrevocable during the financial year, as per Explanation 1 to Rule 6(3). The Tribunal emphasized the non-modifiable nature of the chosen option and distinguished the case from a precedent related to SSI exemption. The appeal was dismissed, affirming the non-withdrawable status of the selected option under Rule 6(3) of the Cenvat Credit Rules, 2004. Case-Laws Central Excise Wed, 09 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189249