2005 (8) TMI 249 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai allowed the appeal for refund of accumulated Cenvat credit of Rs. 1,98,82,260/- to the appellants who exported products under the DEPB scheme without availing drawback of input duty. The tribunal stated that exporters should not bear domestic levy on inputs, promoting exports. The order was pronounced on 9-8-2005.