https://www.taxtmi.com/caselaws?id=448528 The CESTAT Hyderabad allowed the appellant's appeal seeking cash refund of CENVAT credit under Section 142(3) of CGST Act, 2017. The case involved non-fulfilment of export obligation for capital goods procured under EPCG License, resulting in payment of customs duty including CVD and SAD totaling Rs. 2,97,797. Following precedent from M/S Mithila Drugs case, the tribunal held that CVD and SAD refund is allowable since credit is unavailable under GST regime, unlike the previous Central Excise regime. The adjudicating authority was directed to grant refund with interest calculated from the initial filing date. en-us Wed, 17 Jan 2024 00:00:00 +0530 Sun, 21 Jan 2024 20:39:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448528 The CESTAT Hyderabad allowed the appellant's appeal seeking cash refund of CENVAT credit under Section 142(3) of CGST Act, 2017. The case involved non-fulfilment of export obligation for capital goods procured under EPCG License, resulting in payment of customs duty including CVD and SAD totaling Rs. 2,97,797. Following precedent from M/S Mithila Drugs case, the tribunal held that CVD and SAD refund is allowable since credit is unavailable under GST regime, unlike the previous Central Excise regime. The adjudicating authority was directed to grant refund with interest calculated from the initial filing date. Case-Laws Central Excise Wed, 17 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448528