https://www.taxtmi.com/caselaws?id=343602 Clearances to SEZ on a deemed export basis are treated on par with physical exports for refund under Rule 5 of the CENVAT Credit Rules, 2004, because the rule does not create a distinction between the two. The Tribunal followed binding precedent that refund cannot be denied merely because the clearances are deemed exports and applied the view that supplies to SEZ for authorised operations are in the nature of exports. Eligible refund must therefore include such clearances, subject to verification of the export quantum and debit in the CENVAT account. en-us Fri, 19 May 2017 00:00:00 +0530 Wed, 21 Jun 2017 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343602 Clearances to SEZ on a deemed export basis are treated on par with physical exports for refund under Rule 5 of the CENVAT Credit Rules, 2004, because the rule does not create a distinction between the two. The Tribunal followed binding precedent that refund cannot be denied merely because the clearances are deemed exports and applied the view that supplies to SEZ for authorised operations are in the nature of exports. Eligible refund must therefore include such clearances, subject to verification of the export quantum and debit in the CENVAT account. Case-Laws Central Excise Fri, 19 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343602