https://www.taxtmi.com/caselaws?id=356639 The 1st Appellate Authority allowed the appeal for refund of CENVAT credit on inputs like blast furnace slag and furnace oil, emphasizing that the ground granulated blast furnace slag is a refined form of the inputs and eligible for credit under Rule 5 of the CENVAT Credit Rules 2004. The Authority cited broader interpretation of "manufacture" for exported goods and previous decisions by the CESTAT, leading to the conclusion that the refund claim should be allowed. The Tribunal upheld this decision, stating that the respondent is entitled to the refund amount, rejecting the Revenue's argument against availing credit on exempted products. en-us Mon, 19 Feb 2018 00:00:00 +0530 Fri, 09 Mar 2018 06:49:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356639 The 1st Appellate Authority allowed the appeal for refund of CENVAT credit on inputs like blast furnace slag and furnace oil, emphasizing that the ground granulated blast furnace slag is a refined form of the inputs and eligible for credit under Rule 5 of the CENVAT Credit Rules 2004. The Authority cited broader interpretation of "manufacture" for exported goods and previous decisions by the CESTAT, leading to the conclusion that the refund claim should be allowed. The Tribunal upheld this decision, stating that the respondent is entitled to the refund amount, rejecting the Revenue's argument against availing credit on exempted products. Case-Laws Central Excise Mon, 19 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356639