https://www.taxtmi.com/caselaws?id=188141 The Tribunal allowed the appeals challenging the rejection of refund claims based on accumulated CENVAT credit. Emphasizing the need for a nexus between input services and exported output services, the Tribunal held that if credit was admissible and utilized, refunds should be granted per relevant notifications and rules. Delayed credit utilization did not render credit inadmissible, and the absence of a time limit during the relevant period supported this view. The matters were remanded for reconsideration, stressing the importance of adhering to the CENVAT credit scheme's purpose and safeguards for refund claims. en-us Mon, 23 Mar 2015 00:00:00 +0530 Wed, 11 Jan 2017 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188141 The Tribunal allowed the appeals challenging the rejection of refund claims based on accumulated CENVAT credit. Emphasizing the need for a nexus between input services and exported output services, the Tribunal held that if credit was admissible and utilized, refunds should be granted per relevant notifications and rules. Delayed credit utilization did not render credit inadmissible, and the absence of a time limit during the relevant period supported this view. The matters were remanded for reconsideration, stressing the importance of adhering to the CENVAT credit scheme's purpose and safeguards for refund claims. Case-Laws Service Tax Mon, 23 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188141