CENVAT Credit Rule Update: EOUs Cannot Get Cash Refunds for Goods Cleared to Another EOU; Re-credit Allowed.

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....Cash Refund of unutilized CENVAT credit of 100% EOU - goods cleared to other EOU - export goods means only those goods which are to be taken out of India to a place outside India - with the insertion of Clause (1A) in Explanation 1 of Rule 5 of CCR cash refund is not permissible, however, the appellants are entitled to take the re-credit of the CENVAT and same will not lapse as per Section 142 of the CGST Act, 2017....