https://www.taxtmi.com/caselaws?id=465423 The dominant issue was whether cash refund of accumulated, unutilized Cenvat credit is permissible under Rule 5 of the Cenvat Credit Rules upon closure of the factory and surrender of registration. The Tribunal held that Rule 5 contains no express prohibition against considering or granting cash refund in such circumstances, and relied on its earlier decision holding that the issue had attained finality in view of acceptance of prior Tribunal rulings and could not be reopened to deny relief on that ground. Consequently, the order upholding rejection of the refund claim was set aside and the appeal was allowed. en-us Tue, 06 Feb 2024 00:00:00 +0530 Mon, 22 Dec 2025 19:39:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465423 The dominant issue was whether cash refund of accumulated, unutilized Cenvat credit is permissible under Rule 5 of the Cenvat Credit Rules upon closure of the factory and surrender of registration. The Tribunal held that Rule 5 contains no express prohibition against considering or granting cash refund in such circumstances, and relied on its earlier decision holding that the issue had attained finality in view of acceptance of prior Tribunal rulings and could not be reopened to deny relief on that ground. Consequently, the order upholding rejection of the refund claim was set aside and the appeal was allowed. Case-Laws Central Excise Tue, 06 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465423