CENVAT credit allowed for goods exported under Notification No. 4/2006-CE, reversal u/r 6(3) not required.

The appellant, who reversed CENVAT credit under Rule 6(3) for goods exported under Notification No. 4/2006-CE, claimed a refund. The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that such a reversal was not required for exports under this notification, as per Rule 6(6)(v). It was determined that goods exempted and cleared for export are eligible for CENVAT credit. Consequently, the appellant is not obligated to pay the amount under Rule 6(3) for these exports. The impugned order was set aside, and the appeal was allowed. .....

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