Refund not hit by unjust enrichment as CA certifies that duty has not been passed on furnished

Commissioner of GST & Central Excise Vs Deepak Cables India Ltd (CESTAT Chennai) CESTAT Chennai held that refund is not hit by unjust enrichment as chartered accountant certificate duly furnished satisfying that the duty has not been passed on. Facts- The assessee is engaged in the manufacture of ACSR Conductors. They had filed a refund claim on 26.10.2009 for Rs. 60,10,076/- towards downward price revision based on the negative supplementary invoices raised to M/s. Power Grid Corporation India Limited (M/s. PGCL in short). The refund claim was returned to the assessee for defects and the ...