https://www.taxtmi.com/caselaws?id=445630 CESTAT Mumbai allowed appeals regarding refund of accumulated CENVAT credit. The original authority denied refund claiming limitation under Section 11B of Central Excise Act, 1944. Commissioner (Appeals) partly allowed refund but rejected claims for January-March 2014 period due to non-submission of FIRC details. CESTAT found appellants had stated receipt of foreign currency consideration and annexed proof in their application. Matter remanded to original authority for FIRC verification and refund consideration. CESTAT held refund benefit not subject to Rule 2(l) compliance and nexus establishment under Rule 5 not required. en-us Thu, 09 Nov 2023 00:00:00 +0530 Thu, 16 Nov 2023 08:35:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445630 CESTAT Mumbai allowed appeals regarding refund of accumulated CENVAT credit. The original authority denied refund claiming limitation under Section 11B of Central Excise Act, 1944. Commissioner (Appeals) partly allowed refund but rejected claims for January-March 2014 period due to non-submission of FIRC details. CESTAT found appellants had stated receipt of foreign currency consideration and annexed proof in their application. Matter remanded to original authority for FIRC verification and refund consideration. CESTAT held refund benefit not subject to Rule 2(l) compliance and nexus establishment under Rule 5 not required. Case-Laws Central Excise Thu, 09 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445630