https://www.taxtmi.com/caselaws?id=288677 Unutilised Cenvat credit remaining at the time of permanent factory closure is refundable in cash where the assessee follows the prescribed intimation and registration surrender procedure. The CESTAT applied its earlier view under the Capacity Determination Rules, 2010 and the Cenvat framework that refund cannot be denied merely because duty was paid under the compound levy scheme, absent a valid statutory bar. On that basis, the assessee's refund claim was accepted and consequential relief followed. en-us Wed, 20 Feb 2019 00:00:00 +0530 Tue, 23 Jun 2020 09:33:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288677 Unutilised Cenvat credit remaining at the time of permanent factory closure is refundable in cash where the assessee follows the prescribed intimation and registration surrender procedure. The CESTAT applied its earlier view under the Capacity Determination Rules, 2010 and the Cenvat framework that refund cannot be denied merely because duty was paid under the compound levy scheme, absent a valid statutory bar. On that basis, the assessee's refund claim was accepted and consequential relief followed. Case-Laws Central Excise Wed, 20 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288677