https://www.taxtmi.com/caselaws?id=440962 The Tribunal allowed the appeal in favor of the appellant, setting aside the denial of refund benefit under Rule 5 of the Cenvat Credit Rules, 2004. The appellant, engaged in manufacturing pharmaceutical products, had claimed refund of accumulated credit for exported goods under Rule 5. The Department alleged double benefit due to duty-free inputs under the Advance License Scheme, leading to the denial of refund. However, the Tribunal ruled that Rule 5 does not restrict refund for goods procured under the Advance License Scheme and granted the appellant the refund as per the law. en-us Tue, 18 Jul 2023 00:00:00 +0530 Mon, 31 Jul 2023 06:50:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440962 The Tribunal allowed the appeal in favor of the appellant, setting aside the denial of refund benefit under Rule 5 of the Cenvat Credit Rules, 2004. The appellant, engaged in manufacturing pharmaceutical products, had claimed refund of accumulated credit for exported goods under Rule 5. The Department alleged double benefit due to duty-free inputs under the Advance License Scheme, leading to the denial of refund. However, the Tribunal ruled that Rule 5 does not restrict refund for goods procured under the Advance License Scheme and granted the appellant the refund as per the law. Case-Laws Central Excise Tue, 18 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440962