https://www.taxtmi.com/caselaws?id=359344 The Tribunal allowed the appellant's appeal for a cash refund of the pre-deposited Central Excise duty amount instead of restoration to the Cenvat Account. The appellant, facing duty demand and factory closure, argued that they could not utilize the Cenvat credit and sought a cash refund. The Tribunal agreed, emphasizing the appellant's entitlement to the refund due to the inability to utilize the credit balance. The decision cited relevant precedents, concluding that in cases of factory closure, cash refunds of unutilized credit balances should be permitted. en-us Thu, 26 Apr 2018 00:00:00 +0530 Fri, 27 Apr 2018 08:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359344 The Tribunal allowed the appellant's appeal for a cash refund of the pre-deposited Central Excise duty amount instead of restoration to the Cenvat Account. The appellant, facing duty demand and factory closure, argued that they could not utilize the Cenvat credit and sought a cash refund. The Tribunal agreed, emphasizing the appellant's entitlement to the refund due to the inability to utilize the credit balance. The decision cited relevant precedents, concluding that in cases of factory closure, cash refunds of unutilized credit balances should be permitted. Case-Laws Central Excise Thu, 26 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359344