https://www.taxtmi.com/forum/issue?id=107921 Rebate of service tax under Notification No.41/2012-ST is conditioned on realization of export proceeds within the period permitted under the foreign exchange regime; absence of such realization renders the rebate deemed never allowed and subject to recovery. Bank Realisation Certificate or equivalent evidence of realization serves as the operative proof that proceeds have been received within the prescribed period, and failure to establish realization exposes the rebate to recovery under foreign exchange recovery provisions. en-us Sat, 31 Jan 2015 07:40:59 +0530 Thu, 23 Jan 2025 15:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107921 Rebate of service tax under Notification No.41/2012-ST is conditioned on realization of export proceeds within the period permitted under the foreign exchange regime; absence of such realization renders the rebate deemed never allowed and subject to recovery. Bank Realisation Certificate or equivalent evidence of realization serves as the operative proof that proceeds have been received within the prescribed period, and failure to establish realization exposes the rebate to recovery under foreign exchange recovery provisions. Discussion-Forum Service Tax Sat, 31 Jan 2015 07:40:59 +0530 https://www.taxtmi.com/forum/issue?id=107921