https://www.taxtmi.com/news?id=439 Whether refund under Rule 5 of the Cenvat Credit Rules, 2004 extends to unutilized credit attributable to export of taxable services rendered before the rule was amended on 14-3-2006. Where refund claims were filed after the amendment and complied with the requirements of Rule 5 and the notifications, the tribunal rejected the prospectivity argument and concluded that acceptance of claims cannot be conditioned on the exports having taken place after the amendment date. en-us Sun, 18 May 2008 23:30:00 +0530 Mon, 23 Jun 2008 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=439 Whether refund under Rule 5 of the Cenvat Credit Rules, 2004 extends to unutilized credit attributable to export of taxable services rendered before the rule was amended on 14-3-2006. Where refund claims were filed after the amendment and complied with the requirements of Rule 5 and the notifications, the tribunal rejected the prospectivity argument and concluded that acceptance of claims cannot be conditioned on the exports having taken place after the amendment date. News - Sun, 18 May 2008 23:30:00 +0530 https://www.taxtmi.com/news?id=439