https://www.taxtmi.com/highlights?id=67363 Refund claim of the amount of pre- deposit - As per the cenvat credit rules, an assessee can take the cenvat credit of any duty paid on the inputs used in the manufacture of final product cleared on payment of duty - In the present case the amount of redemption fine is not eligible as cenvat credit as the same is not a duty which was paid on any input received by the appellant. The right course of action about refund of the amount of bank guarantee adjusted against the redemption fine is to file a formal refund claim. - AT en-us Wed, 28 Dec 2022 11:44:32 +0530 Wed, 28 Dec 2022 11:44:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67363 Refund claim of the amount of pre- deposit - As per the cenvat credit rules, an assessee can take the cenvat credit of any duty paid on the inputs used in the manufacture of final product cleared on payment of duty - In the present case the amount of redemption fine is not eligible as cenvat credit as the same is not a duty which was paid on any input received by the appellant. The right course of action about refund of the amount of bank guarantee adjusted against the redemption fine is to file a formal refund claim. - AT Highlights Central Excise Wed, 28 Dec 2022 11:44:32 +0530 https://www.taxtmi.com/highlights?id=67363