https://www.taxtmi.com/caselaws?id=764355 CESTAT Ahmedabad allowed the appeal regarding CENVAT credit refund for goods cleared under exemption Notification No. 4/2006-CE for export. The tribunal held that appellant was not required to reverse CENVAT credit under Rule 6(3) for exempted goods exported under conditional notification. Since the reversal was unjustified, appellant was entitled to refund of the reversed amount. The tribunal applied Rule 6(6)(v) of CENVAT Credit Rules, ruling that exempted goods cleared for export under bond remain eligible for CENVAT credit, making the impugned order unsustainable. en-us Tue, 10 Dec 2024 00:00:00 +0530 Wed, 08 Jan 2025 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764355 CESTAT Ahmedabad allowed the appeal regarding CENVAT credit refund for goods cleared under exemption Notification No. 4/2006-CE for export. The tribunal held that appellant was not required to reverse CENVAT credit under Rule 6(3) for exempted goods exported under conditional notification. Since the reversal was unjustified, appellant was entitled to refund of the reversed amount. The tribunal applied Rule 6(6)(v) of CENVAT Credit Rules, ruling that exempted goods cleared for export under bond remain eligible for CENVAT credit, making the impugned order unsustainable. Case-Laws Central Excise Tue, 10 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764355