https://www.taxtmi.com/caselaws?id=351576 The appellant sought a refund of accumulated credit on duty paid inputs for final products exported under bond. Despite a previous Tribunal order allowing the refund, it was later found that the appellant had utilized the accumulated credit during the litigation period, resulting in a nil balance. As there was no accumulated credit available, the refund was deemed ineligible. The Tribunal upheld the decision, emphasizing the necessity of maintaining an accumulated credit balance for refund eligibility under the Cenvat Credit Rules. The appeal was dismissed, affirming the rejection of the refund claim. en-us Mon, 23 Oct 2017 00:00:00 +0530 Tue, 28 Nov 2017 07:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351576 The appellant sought a refund of accumulated credit on duty paid inputs for final products exported under bond. Despite a previous Tribunal order allowing the refund, it was later found that the appellant had utilized the accumulated credit during the litigation period, resulting in a nil balance. As there was no accumulated credit available, the refund was deemed ineligible. The Tribunal upheld the decision, emphasizing the necessity of maintaining an accumulated credit balance for refund eligibility under the Cenvat Credit Rules. The appeal was dismissed, affirming the rejection of the refund claim. Case-Laws Central Excise Mon, 23 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351576