https://www.taxtmi.com/caselaws?id=339274 Refund of Cenvat credit lying in the account could be sanctioned in cash where the assessee had opted for exemption under Notification No. 50/03-CE and was unable to utilise the credit. The Tribunal noted that, in such circumstances, there was no legal bar to refund by cheque or cash instead of merely restoring the amount to the Cenvat account. On that basis, cash refund was held permissible and the Revenue's objection was rejected. en-us Mon, 07 Nov 2016 00:00:00 +0530 Thu, 23 Feb 2017 06:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339274 Refund of Cenvat credit lying in the account could be sanctioned in cash where the assessee had opted for exemption under Notification No. 50/03-CE and was unable to utilise the credit. The Tribunal noted that, in such circumstances, there was no legal bar to refund by cheque or cash instead of merely restoring the amount to the Cenvat account. On that basis, cash refund was held permissible and the Revenue's objection was rejected. Case-Laws Central Excise Mon, 07 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339274