https://www.taxtmi.com/caselaws?id=430937 Refund of unutilised MODVAT credit under Rule 57F(13) could not be refused merely because the credit might have been capable of use for home clearances. The credit entries in the export and domestic RG23A Part II registers had to be read together as a composite account, and wrong debit entries later corrected by corresponding adjustments did not by themselves show exhaustion of the accumulated balance. Where the records showed unutilised credit and adjustment was not possible, refund remained payable. On that basis, rejection of the refund claim was unsustainable and consequential relief followed. en-us Thu, 01 Dec 2022 00:00:00 +0530 Thu, 01 Dec 2022 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430937 Refund of unutilised MODVAT credit under Rule 57F(13) could not be refused merely because the credit might have been capable of use for home clearances. The credit entries in the export and domestic RG23A Part II registers had to be read together as a composite account, and wrong debit entries later corrected by corresponding adjustments did not by themselves show exhaustion of the accumulated balance. Where the records showed unutilised credit and adjustment was not possible, refund remained payable. On that basis, rejection of the refund claim was unsustainable and consequential relief followed. Case-Laws Central Excise Thu, 01 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430937