https://www.taxtmi.com/caselaws?id=752071 CESTAT Mumbai allowed the appeal regarding refund of unutilized input credit for exports under Rule 5 of CENVAT Credit Rules, 2004 and Notification No. 5/2006-C.E.(N.T.) for January-March 2009. The tribunal found the appellant eligible for refund of Rs.4,22,558/- comprising Rs.3,44,804/- for inputs and Rs.77,754/- for input services, calculated after proper adjustments and applying the prescribed export turnover ratio formula. The original authority and Commissioner (Appeals) orders rejecting the refund claim were set aside, with the tribunal re-determining the eligible refund amount from the total claimed amount of Rs.13,37,072/-. en-us Mon, 22 Apr 2024 00:00:00 +0530 Thu, 02 May 2024 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752071 CESTAT Mumbai allowed the appeal regarding refund of unutilized input credit for exports under Rule 5 of CENVAT Credit Rules, 2004 and Notification No. 5/2006-C.E.(N.T.) for January-March 2009. The tribunal found the appellant eligible for refund of Rs.4,22,558/- comprising Rs.3,44,804/- for inputs and Rs.77,754/- for input services, calculated after proper adjustments and applying the prescribed export turnover ratio formula. The original authority and Commissioner (Appeals) orders rejecting the refund claim were set aside, with the tribunal re-determining the eligible refund amount from the total claimed amount of Rs.13,37,072/-. Case-Laws Central Excise Mon, 22 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752071