CESTAT allows Cash Refund for CENVAT Credit Post-GST  

Dhyan Networks and Technologies Pvt. Ltd Vs Commissioner of G.S.T. and Central Excise (CESTAT Chennai) Chennai: The Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has ruled that a taxpayer is entitled to a cash refund of CENVAT credit that was initially re-credited before the implementation of the Goods and Services Tax (GST) regime, but could not be utilized afterwards due to the discontinuation of the CENVAT credit mechanism. The tribunal found that directing the assessee to merely take re-credit had become impractical after the advent of GST and ordered th...