Refund of Unutilized CENVAT Credit Allowed in Cash When Manufacturing Unit Ceases Operations, No Account to Credit.

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....Refund of unutilized cenvat credit - availing area based exemption - there is no bar on payment of refund by way of cheque/cash in case the assessee ceases to exist as a manufacturing unit and has no cenvat account into which refund can be credited - the respondent is entitled for refund by way of cash - AT....