2008 (2) TMI 731 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai allowed the appeal for refund of Cenvat credit on inputs used in goods cleared for export under Bond. The Commissioner (Appeals) had denied the refund, but the Tribunal held that the refund cannot be denied as per Rule 5 of the Cenvat Credit Rules, 2002. The order of the Commissioner (Appeals) was set aside, and the appeals were allowed with consequential relief.