https://www.taxtmi.com/caselaws?id=360887 Unutilised CENVAT credit may be refunded in cash where the assessee is unable to utilise the credit. The Tribunal noted that the credit had been reversed and that the assessee was not in a position to use it, then applied binding precedent recognising cash refund in such circumstances. On that basis, it held that rejection of the refund was unsustainable and that the refund was admissible in cash. en-us Mon, 26 Mar 2018 00:00:00 +0530 Fri, 25 May 2018 06:41:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360887 Unutilised CENVAT credit may be refunded in cash where the assessee is unable to utilise the credit. The Tribunal noted that the credit had been reversed and that the assessee was not in a position to use it, then applied binding precedent recognising cash refund in such circumstances. On that basis, it held that rejection of the refund was unsustainable and that the refund was admissible in cash. Case-Laws Central Excise Mon, 26 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360887