Transitional cash refund of unutilised CENVAT credit requires...

Transitional cash refund of unutilised CENVAT credit requires compliance with statutory conditions and proof that the underlying input-service credit is admissible. The prescribed period for revising an ST-3 return under Rule 7B is treated as mandatory; late-fee provisions under Rule 7C, applicable to returns under Rule 7, do not regularise a delayed revision. A Board circular on deemed filing for reverse-charge invoices does not extend beyond that context. Eligibility also requires primary invoices, proof of payment and satisfactory explanations for credit claimed on excluded services, including rent-a-cab and outdoor catering. In remand proceedings, examination of the revised-return time-limit may remain within the transitional refund requirements.