Claim for CENVAT Credit Refund Denied: No Saving Clause in Amended Rule 5, Filed 6 Years Late, Beyond 1-Year Limit.

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....Refund of CENVAT Credit - closure of factory - The appellant was not entitled to refund as there was no saving clause when Rule 5 of CCR, 2004 was amended - Further, the period of limitation of one year for filing the refund claim has also been violated as refund claim was filed more than six years after alleged closure of the factory.....