https://www.taxtmi.com/caselaws?id=751719 CESTAT Mumbai allowed the appeal, setting aside the impugned order and granting refund of CENVAT credit of Rs. 12,65,459/-. The tribunal held that manufacturers paying service tax under reverse charge mechanism are eligible for input tax credit refund under Rule 5B of CENVAT Credit Rules, 2004. Additionally, manufacturers of goods with nil tariff rate of duty can claim CENVAT credit when exempted goods are cleared for export, as restrictions under Rule 6(1) do not apply to exported exempted goods per Sub-rule (6)(v) to Rule 6. en-us Mon, 22 Apr 2024 00:00:00 +0530 Tue, 23 Apr 2024 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751719 CESTAT Mumbai allowed the appeal, setting aside the impugned order and granting refund of CENVAT credit of Rs. 12,65,459/-. The tribunal held that manufacturers paying service tax under reverse charge mechanism are eligible for input tax credit refund under Rule 5B of CENVAT Credit Rules, 2004. Additionally, manufacturers of goods with nil tariff rate of duty can claim CENVAT credit when exempted goods are cleared for export, as restrictions under Rule 6(1) do not apply to exported exempted goods per Sub-rule (6)(v) to Rule 6. Case-Laws Central Excise Mon, 22 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751719