https://www.taxtmi.com/caselaws?id=54354 Where an assessee operating under Notification No. 50/2003 is no longer within the Cenvat credit framework, refund of duty paid under protest cannot be confined to a notional credit entry. The Tribunal noted that the exemption regime and the Board circular rendered Cenvat credit inapplicable to such units, so credit in the account would be incapable of use. On that basis, the refund was held payable in cash rather than through an inoperative credit mechanism. en-us Mon, 13 Jun 2005 00:00:00 +0530 Tue, 19 Oct 2010 15:22:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54354 Where an assessee operating under Notification No. 50/2003 is no longer within the Cenvat credit framework, refund of duty paid under protest cannot be confined to a notional credit entry. The Tribunal noted that the exemption regime and the Board circular rendered Cenvat credit inapplicable to such units, so credit in the account would be incapable of use. On that basis, the refund was held payable in cash rather than through an inoperative credit mechanism. Case-Laws Central Excise Mon, 13 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54354