https://www.taxtmi.com/article/detailed?id=6780 The tribunal held that the relevant date for computing the one-year limitation to claim refund of unutilised Cenvat credit under Rule 5 is the date on which consideration for exported services is received; export is complete upon receipt of payment, so refund claims within one year of receipt should be allowed. Subsequent notifications expressly prescribe the time limit for service providers as one year from receipt of payment in convertible foreign exchange or, if payment was received in advance, from issue of invoice. en-us Wed, 13 Apr 2016 09:51:12 +0530 Wed, 13 Apr 2016 09:51:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6780 The tribunal held that the relevant date for computing the one-year limitation to claim refund of unutilised Cenvat credit under Rule 5 is the date on which consideration for exported services is received; export is complete upon receipt of payment, so refund claims within one year of receipt should be allowed. Subsequent notifications expressly prescribe the time limit for service providers as one year from receipt of payment in convertible foreign exchange or, if payment was received in advance, from issue of invoice. Articles Cenvat Credit Wed, 13 Apr 2016 09:51:12 +0530 https://www.taxtmi.com/article/detailed?id=6780