https://www.taxtmi.com/caselaws?id=52572 Unutilised central excise credit, including credit relatable to Additional Duties of Excise, was held refundable under Rule 57F(13) of the Central Excise Rules, 1944 where it could not be used for any reason. The Tribunal construed the words "any reason" broadly and rejected a restricted reading that would deny refund merely because the credit arose under the mechanism of Notification No. 24/95-C.E. (N.T.). It also noted that the Board circular supported refund under the scheme. The refund of accumulated credit was therefore admissible, and the Revenue's challenge failed. en-us Fri, 21 Nov 2003 00:00:00 +0530 Wed, 06 Oct 2010 15:50:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52572 Unutilised central excise credit, including credit relatable to Additional Duties of Excise, was held refundable under Rule 57F(13) of the Central Excise Rules, 1944 where it could not be used for any reason. The Tribunal construed the words "any reason" broadly and rejected a restricted reading that would deny refund merely because the credit arose under the mechanism of Notification No. 24/95-C.E. (N.T.). It also noted that the Board circular supported refund under the scheme. The refund of accumulated credit was therefore admissible, and the Revenue's challenge failed. Case-Laws Central Excise Fri, 21 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52572