https://www.taxtmi.com/caselaws?id=332116 For refund under Rule 5 read with Notification No. 27/12-CE(N.T.), export turnover of services is to be computed on the basis of foreign convertible currency actually received during the relevant quarter, not by invoice date. CENVAT credit was admissible for event management service and insurance auxiliary service used for export of services, but not for rent-a-cab service or the excess credit claimed on telecommunication/internet telecommunication service and chartered accountant service. The one-year limitation under Section 11B was held to run from the end of the relevant quarter, because the refund claim arises only after quarter-end. The refund was to be recomputed on the correct quarterly basis. en-us Thu, 18 Aug 2016 00:00:00 +0530 Fri, 24 Feb 2017 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332116 For refund under Rule 5 read with Notification No. 27/12-CE(N.T.), export turnover of services is to be computed on the basis of foreign convertible currency actually received during the relevant quarter, not by invoice date. CENVAT credit was admissible for event management service and insurance auxiliary service used for export of services, but not for rent-a-cab service or the excess credit claimed on telecommunication/internet telecommunication service and chartered accountant service. The one-year limitation under Section 11B was held to run from the end of the relevant quarter, because the refund claim arises only after quarter-end. The refund was to be recomputed on the correct quarterly basis. Case-Laws Service Tax Thu, 18 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332116