https://www.taxtmi.com/caselaws?id=31609 The Tribunal dismissed the appeals seeking refund of unutilised credit of Additional Excise Duty (Textiles and Textile Articles) as the appellants did not make cash payments through PLA and the credit was not in their current account. The rejection was upheld due to the absence of a formal order permitting transfer of credit, despite subsequent permission being granted. The Tribunal emphasized the necessity of cash payment through PLA for refund eligibility, following legal interpretations and precedents, and distinguished cases where refund in cash was allowed for assessees opting out of the Modvat scheme or in cases of factory closures. en-us Tue, 13 May 2008 00:00:00 +0530 Fri, 28 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31609 The Tribunal dismissed the appeals seeking refund of unutilised credit of Additional Excise Duty (Textiles and Textile Articles) as the appellants did not make cash payments through PLA and the credit was not in their current account. The rejection was upheld due to the absence of a formal order permitting transfer of credit, despite subsequent permission being granted. The Tribunal emphasized the necessity of cash payment through PLA for refund eligibility, following legal interpretations and precedents, and distinguished cases where refund in cash was allowed for assessees opting out of the Modvat scheme or in cases of factory closures. Case-Laws Central Excise Tue, 13 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31609