https://www.taxtmi.com/caselaws?id=389507 The Tribunal upheld the Commissioner of CGST & Central Excise (Appeals)'s decision to reject the appellant's refund claims for CENVAT credit on inputs, capital goods, and input services. The appellant's appeal was based on the termination of a lease agreement for a closed unit sugar factory, rendering the credits unusable. Despite arguments citing different judicial precedents, including a Larger Bench ruling, the Tribunal concluded that refund was not permissible under the Central Excise Act for unutilized CENVAT credit due to factory closure. The dismissal of the appeals affirmed the denial of the appellant's refund claims. en-us Fri, 27 Sep 2019 00:00:00 +0530 Tue, 10 Dec 2019 09:14:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389507 The Tribunal upheld the Commissioner of CGST & Central Excise (Appeals)'s decision to reject the appellant's refund claims for CENVAT credit on inputs, capital goods, and input services. The appellant's appeal was based on the termination of a lease agreement for a closed unit sugar factory, rendering the credits unusable. Despite arguments citing different judicial precedents, including a Larger Bench ruling, the Tribunal concluded that refund was not permissible under the Central Excise Act for unutilized CENVAT credit due to factory closure. The dismissal of the appeals affirmed the denial of the appellant's refund claims. Case-Laws Central Excise Fri, 27 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389507