https://www.taxtmi.com/caselaws?id=445027 CESTAT Mumbai remanded the case back to original authority for re-determination of refund claim for accumulated CENVAT credit. The Tribunal noted conflicting decisions on monetization of unutilized cess after tax regime substitution, with some allowing refunds while others rejecting claims. Given pending writ proceedings before SC on retrospective application issues and evolving judicial precedents, the authority must reconsider eligibility for refund in accordance with settled law, taking into account specific facts and circumstances of the case. en-us Thu, 28 Sep 2023 00:00:00 +0530 Wed, 27 Mar 2024 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445027 CESTAT Mumbai remanded the case back to original authority for re-determination of refund claim for accumulated CENVAT credit. The Tribunal noted conflicting decisions on monetization of unutilized cess after tax regime substitution, with some allowing refunds while others rejecting claims. Given pending writ proceedings before SC on retrospective application issues and evolving judicial precedents, the authority must reconsider eligibility for refund in accordance with settled law, taking into account specific facts and circumstances of the case. Case-Laws Central Excise Thu, 28 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445027