https://www.taxtmi.com/caselaws?id=752019 CESTAT Hyderabad dismissed appellant's appeal seeking cash refund of unutilized service tax credit. The tribunal held that no provision exists under CENVAT Credit Rules 2004 or Finance Act 1994 for cash refund of correctly paid service tax credit. Refund of unutilized credit is permitted only for specific purposes under Rules 5, 5A, and 5B with prescribed conditions. Section 142(3) of CGST Act cannot create refund eligibility when underlying law lacks such provision. Appellant failed to file revised ST-3 return within specified limits or utilize TRAN-1 route. Commissioner (Appeals) order rejecting cash refund claim was upheld. en-us Tue, 30 Apr 2024 00:00:00 +0530 Wed, 01 May 2024 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752019 CESTAT Hyderabad dismissed appellant's appeal seeking cash refund of unutilized service tax credit. The tribunal held that no provision exists under CENVAT Credit Rules 2004 or Finance Act 1994 for cash refund of correctly paid service tax credit. Refund of unutilized credit is permitted only for specific purposes under Rules 5, 5A, and 5B with prescribed conditions. Section 142(3) of CGST Act cannot create refund eligibility when underlying law lacks such provision. Appellant failed to file revised ST-3 return within specified limits or utilize TRAN-1 route. Commissioner (Appeals) order rejecting cash refund claim was upheld. Case-Laws Service Tax Tue, 30 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752019