https://www.taxtmi.com/caselaws?id=339848 The Tribunal dismissed the Revenue's appeals challenging the rejection of refund claims under Rule 5 of the CENVAT Credit Rules for goods cleared to 100% EOU. Upholding the impugned orders, the Tribunal found in favor of the assessee, aligning with established legal principles and consistent judicial interpretations treating clearances to EOU as exports eligible for refund of unutilized credit. The decision was supported by precedents such as the Supreme Court's rulings equating deemed exports to physical exports, emphasizing the assessee's position. en-us Wed, 15 Feb 2017 00:00:00 +0530 Wed, 08 Mar 2017 07:46:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339848 The Tribunal dismissed the Revenue's appeals challenging the rejection of refund claims under Rule 5 of the CENVAT Credit Rules for goods cleared to 100% EOU. Upholding the impugned orders, the Tribunal found in favor of the assessee, aligning with established legal principles and consistent judicial interpretations treating clearances to EOU as exports eligible for refund of unutilized credit. The decision was supported by precedents such as the Supreme Court's rulings equating deemed exports to physical exports, emphasizing the assessee's position. Case-Laws Central Excise Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339848