https://www.taxtmi.com/caselaws?id=437870 A DTA supplier supplying goods to an EOU is entitled to refund of Terminal Excise Duty under the Foreign Trade Policy, which operates independently of the CENVAT regime. Where TED was paid in cash, the refund is to be granted in cash in accordance with the policy. Where TED was discharged by utilising CENVAT credit, the commensurate amount is not refundable in cash and must instead be reversed to the CENVAT credit account. The later GST regime does not displace this substantive entitlement, and the refund claim must be worked out in the manner recognised by law. en-us Mon, 01 May 2023 00:00:00 +0530 Thu, 16 Nov 2023 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437870 A DTA supplier supplying goods to an EOU is entitled to refund of Terminal Excise Duty under the Foreign Trade Policy, which operates independently of the CENVAT regime. Where TED was paid in cash, the refund is to be granted in cash in accordance with the policy. Where TED was discharged by utilising CENVAT credit, the commensurate amount is not refundable in cash and must instead be reversed to the CENVAT credit account. The later GST regime does not displace this substantive entitlement, and the refund claim must be worked out in the manner recognised by law. Case-Laws Customs Mon, 01 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437870