https://www.taxtmi.com/caselaws?id=758783 The Tribunal set aside the impugned order, allowing the appeals for cash refund of accumulated CENVAT credit under Rule 5 of CCR, 2004. It determined that bond execution was unnecessary for iron ore exports exempt from duty, referencing precedents like CCE vs. Bellary Iron Ores P. Ltd. The Tribunal emphasized that Rule 6 of CENVAT Credit Rules does not apply when goods are exported under bond and exempted from duty, thus entitling the appellants to CENVAT credit on inputs for exported goods. Consequently, the Tribunal granted consequential relief as per the law. en-us Thu, 12 Sep 2024 00:00:00 +0530 Thu, 19 Sep 2024 08:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758783 The Tribunal set aside the impugned order, allowing the appeals for cash refund of accumulated CENVAT credit under Rule 5 of CCR, 2004. It determined that bond execution was unnecessary for iron ore exports exempt from duty, referencing precedents like CCE vs. Bellary Iron Ores P. Ltd. The Tribunal emphasized that Rule 6 of CENVAT Credit Rules does not apply when goods are exported under bond and exempted from duty, thus entitling the appellants to CENVAT credit on inputs for exported goods. Consequently, the Tribunal granted consequential relief as per the law. Case-Laws Service Tax Thu, 12 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758783