https://www.taxtmi.com/caselaws?id=766351 CESTAT Chandigarh dismissed the appeal for refund of unutilized Cenvat Credit under Section 142(3) of CGST Act, 2017 read with Rule 5 of Cenvat Credit Rules, 2004. Following Jharkhand HC precedent in Rungta Mines Limited, the tribunal held that cash refund cannot be granted for Cenvat Credit available on the appointed day (01.07.2017). The appellant's failure to transition the credit and absence of export activity precluded refund eligibility under existing legal framework. en-us Thu, 20 Feb 2025 00:00:00 +0530 Mon, 24 Feb 2025 08:05:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766351 CESTAT Chandigarh dismissed the appeal for refund of unutilized Cenvat Credit under Section 142(3) of CGST Act, 2017 read with Rule 5 of Cenvat Credit Rules, 2004. Following Jharkhand HC precedent in Rungta Mines Limited, the tribunal held that cash refund cannot be granted for Cenvat Credit available on the appointed day (01.07.2017). The appellant's failure to transition the credit and absence of export activity precluded refund eligibility under existing legal framework. Case-Laws Service Tax Thu, 20 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766351