https://www.taxtmi.com/caselaws?id=394296 The Tribunal set aside the denial of refund of Cenvat credit under Rule 5 of CCR, 2004, emphasizing that a notice under Rule 14 is required for credit denial. The Tribunal ruled that once credit is allowed or not denied, refund cannot be rejected based on nexus between input and output services. Refund approval should follow a specific formula, and inconsistency in refund approvals was noted. The Tribunal found the rejection unsustainable, allowing the appeal and emphasizing adherence to legal procedures and formulaic calculations in refund determinations. en-us Mon, 24 Feb 2020 00:00:00 +0530 Wed, 10 Feb 2021 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394296 The Tribunal set aside the denial of refund of Cenvat credit under Rule 5 of CCR, 2004, emphasizing that a notice under Rule 14 is required for credit denial. The Tribunal ruled that once credit is allowed or not denied, refund cannot be rejected based on nexus between input and output services. Refund approval should follow a specific formula, and inconsistency in refund approvals was noted. The Tribunal found the rejection unsustainable, allowing the appeal and emphasizing adherence to legal procedures and formulaic calculations in refund determinations. Case-Laws Service Tax Mon, 24 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394296