https://www.taxtmi.com/caselaws?id=190250 The Tribunal overturned the rejection of a refund claim under Rule 5 of Cenvat Credit Rules, allowing the appeal and granting relief to the appellants. The decision emphasized that refund is permissible when credit adjustment is not feasible, contrary to the Commissioner (Appeals)' interpretation. The judgment clarified the correct application of Rule 5 and the conditions for refund eligibility, citing relevant precedents and ensuring compliance with legal provisions. en-us Fri, 25 Apr 2014 00:00:00 +0530 Thu, 09 Feb 2017 22:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190250 The Tribunal overturned the rejection of a refund claim under Rule 5 of Cenvat Credit Rules, allowing the appeal and granting relief to the appellants. The decision emphasized that refund is permissible when credit adjustment is not feasible, contrary to the Commissioner (Appeals)' interpretation. The judgment clarified the correct application of Rule 5 and the conditions for refund eligibility, citing relevant precedents and ensuring compliance with legal provisions. Case-Laws Central Excise Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190250