CESTAT allows Refund claim of unutilised CENVAT Credit of Pre-GST regime

Oil States Industries India Pvt. Ltd Vs Commissioner of CGST & Central Excise (CESTAT Mumbai) Refund to be granted in cash towards accumulated CENVAT credit on exports during Pre-GST regime The CESTAT, Mumbai in the matter of M/s Oil States Industries India Pvt. Ltd v. Commissioner of CGST & Central Excise, Raigad [FINAL ORDER NO. A/85680 / 2022 dated August 5, 2022] has held that the assessee is entitled to get cash refund, if any, against CENVAT Credit available during Pre-GST regime as per provision contained in Section 142(3) of the Central Goods and Services Tax Act 2017 (“the C...