https://www.taxtmi.com/caselaws?id=766942 Unutilised Cenvat credit remaining in a factory's account on closure of manufacturing operations is not refundable in cash unless the governing statutory scheme expressly permits it. The article states that a cash refund is not admissible under Rule 5 of the Cenvat Credit Rules, 2004 or under Section 11B of the Central Excise Act, 1944, and treats this position as settled by the Full Bench ruling in Gauri Plasticulture Pvt. Ltd. It also notes that the earlier order in Slovak India Trading Pvt. Ltd. cannot be treated as a declaration of law under Article 141. On that basis, the refund claim fails. en-us Wed, 12 Feb 2025 00:00:00 +0530 Fri, 07 Mar 2025 08:41:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766942 Unutilised Cenvat credit remaining in a factory's account on closure of manufacturing operations is not refundable in cash unless the governing statutory scheme expressly permits it. The article states that a cash refund is not admissible under Rule 5 of the Cenvat Credit Rules, 2004 or under Section 11B of the Central Excise Act, 1944, and treats this position as settled by the Full Bench ruling in Gauri Plasticulture Pvt. Ltd. It also notes that the earlier order in Slovak India Trading Pvt. Ltd. cannot be treated as a declaration of law under Article 141. On that basis, the refund claim fails. Case-Laws Central Excise Wed, 12 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766942