https://www.taxtmi.com/caselaws?id=48137 The Tribunal upheld the Commissioner (Appeals) order, allowing the manufacturer/exporter to claim a cash refund of accumulated modvat credit under specific circumstances outlined in Notification No. 85/87-C.E. The Tribunal clarified that the inability to utilize the credit due to changes in duty payment mechanisms qualifies for a refund, extending the scope beyond mere non-utilization. Additionally, the Tribunal affirmed the entitlement to cash refunds under Rule 96ZQ in cases where the credit could not be adjusted towards duty payments, particularly due to the introduction of a compounded levy scheme for textiles. The appeal was dismissed for lack of substantial legal questions. en-us Mon, 10 Oct 2005 00:00:00 +0530 Mon, 02 Aug 2010 18:07:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48137 The Tribunal upheld the Commissioner (Appeals) order, allowing the manufacturer/exporter to claim a cash refund of accumulated modvat credit under specific circumstances outlined in Notification No. 85/87-C.E. The Tribunal clarified that the inability to utilize the credit due to changes in duty payment mechanisms qualifies for a refund, extending the scope beyond mere non-utilization. Additionally, the Tribunal affirmed the entitlement to cash refunds under Rule 96ZQ in cases where the credit could not be adjusted towards duty payments, particularly due to the introduction of a compounded levy scheme for textiles. The appeal was dismissed for lack of substantial legal questions. Case-Laws Central Excise Mon, 10 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48137