https://www.taxtmi.com/caselaws?id=34237 Refund of unutilized Cenvat credit under Rule 5 was confined to credit relatable to inputs actually used in the manufacture of exported goods during the relevant period. Credit remaining in the balance, including amounts attributable to stock inputs, work-in-process, finished goods, or bought-out items, could not be treated as refundable merely because it was unutilized. As the original authority had already segregated and sanctioned only the credit linked to exported goods, the lower appellate view was sustained and the refund claim beyond that extent was held inadmissible. en-us Tue, 09 Sep 2008 00:00:00 +0530 Wed, 29 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34237 Refund of unutilized Cenvat credit under Rule 5 was confined to credit relatable to inputs actually used in the manufacture of exported goods during the relevant period. Credit remaining in the balance, including amounts attributable to stock inputs, work-in-process, finished goods, or bought-out items, could not be treated as refundable merely because it was unutilized. As the original authority had already segregated and sanctioned only the credit linked to exported goods, the lower appellate view was sustained and the refund claim beyond that extent was held inadmissible. Case-Laws Central Excise Tue, 09 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34237