Manufacturer Entitled to Refund of Unutilized Cenvat Credit After Factory Closure Due to No Fault of Their Own.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Refund of Cenvat Credit - If a factory of a manufacturer has closed down for no fault of theirs, the unutilized Credit, which rightfully belongs to the manufacturer, cannot be denied to them when claimed by way of refund.....