https://www.taxtmi.com/article/detailed?id=6816 Recent indirect tax developments reaffirm that export of services is recognised where consideration is actually received in convertible foreign exchange, restrict refund denial on unjust enrichment without proof of pass on, and preclude show cause notices where tax and interest are paid pre notice in non fraud cases. Amendments to the Cenvat Credit Rules limit reversal on exempt supplies, change documentary requirements for credit, and require spreading of certain service tax credits, while customs and FTP notifications update duty treatments, exemptions and procedural formats. en-us Tue, 10 May 2016 18:18:01 +0530 Tue, 10 May 2016 18:18:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6816 Recent indirect tax developments reaffirm that export of services is recognised where consideration is actually received in convertible foreign exchange, restrict refund denial on unjust enrichment without proof of pass on, and preclude show cause notices where tax and interest are paid pre notice in non fraud cases. Amendments to the Cenvat Credit Rules limit reversal on exempt supplies, change documentary requirements for credit, and require spreading of certain service tax credits, while customs and FTP notifications update duty treatments, exemptions and procedural formats. Articles Other Topics Tue, 10 May 2016 18:18:01 +0530 https://www.taxtmi.com/article/detailed?id=6816