https://www.taxtmi.com/article/detailed?id=11731 The tribunal considered an appellant who ceased manufacturing and sold assets, then claimed refund of accumulated CENVAT credit; after a show cause notice the adjudicating authority rejected the refund. Relying on an earlier High Court decision with similar facts, the tribunal held that an assessee who closes its factory and transfers assets is not entitled to a refund of the outstanding CENVAT credit remaining at the time of closure. en-us Tue, 15 Aug 2023 14:43:57 +0530 Tue, 15 Aug 2023 14:43:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11731 The tribunal considered an appellant who ceased manufacturing and sold assets, then claimed refund of accumulated CENVAT credit; after a show cause notice the adjudicating authority rejected the refund. Relying on an earlier High Court decision with similar facts, the tribunal held that an assessee who closes its factory and transfers assets is not entitled to a refund of the outstanding CENVAT credit remaining at the time of closure. Articles Central Excise Tue, 15 Aug 2023 14:43:57 +0530 https://www.taxtmi.com/article/detailed?id=11731