https://www.taxtmi.com/caselaws?id=423934 The Tribunal ruled in favor of the appellant, setting aside the lower authorities' rejection of refund claims under Rule 5 of the CENVAT Credit Rules, 2004 for unutilized credit on input services. The Tribunal held that being an SEZ unit does not preclude claiming refunds under Rule 5, emphasizing that SEZ units have the right to claim such refunds. The judgment clarified that SEZ status does not restrict the ability to avail of refunds and that denial based solely on SEZ status was unjustifiable. The appellant's appeals were allowed with consequential reliefs. en-us Fri, 10 Jun 2022 00:00:00 +0530 Sat, 18 Jun 2022 09:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423934 The Tribunal ruled in favor of the appellant, setting aside the lower authorities' rejection of refund claims under Rule 5 of the CENVAT Credit Rules, 2004 for unutilized credit on input services. The Tribunal held that being an SEZ unit does not preclude claiming refunds under Rule 5, emphasizing that SEZ units have the right to claim such refunds. The judgment clarified that SEZ status does not restrict the ability to avail of refunds and that denial based solely on SEZ status was unjustifiable. The appellant's appeals were allowed with consequential reliefs. Case-Laws Service Tax Fri, 10 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423934