https://www.taxtmi.com/caselaws?id=259900 The Tribunal upheld the lower appellate authority's decision to allow a refund of Rs. 23,87,705 to the respondent, M/s. Emerson Innovation Center, Pune, under Rule 5 of the Cenvat Credit Rules, 2004. It was clarified that exporters can claim refunds for unutilized credits without needing to establish a direct nexus between input service credit and exported output service. As long as the credit is admissible and remains unutilized, exporters are entitled to refunds, in line with the objective of promoting exports and zero-rating them. en-us Wed, 18 Mar 2015 00:00:00 +0530 Thu, 11 May 2017 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259900 The Tribunal upheld the lower appellate authority's decision to allow a refund of Rs. 23,87,705 to the respondent, M/s. Emerson Innovation Center, Pune, under Rule 5 of the Cenvat Credit Rules, 2004. It was clarified that exporters can claim refunds for unutilized credits without needing to establish a direct nexus between input service credit and exported output service. As long as the credit is admissible and remains unutilized, exporters are entitled to refunds, in line with the objective of promoting exports and zero-rating them. Case-Laws Service Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259900