https://www.taxtmi.com/caselaws?id=335794 The Tribunal allowed the appeal, overturning the rejection of the rebate claim under Rule 5 of Export of Services Rules, 2005. The decision was based on the receipt of payments in Indian Rupees equivalent to the foreign currency, supported by FIRCs and Reserve Bank regulations. Citing case laws like Samit Enterprises Pvt. Ltd., the Tribunal held that payments through intermediaries can be considered as received in foreign exchange. The decision provided clarity on the issue and granted consequential benefits to the Appellant, setting aside the Impugned Order-In-Appeal. en-us Mon, 21 Nov 2016 00:00:00 +0530 Fri, 09 Dec 2016 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335794 The Tribunal allowed the appeal, overturning the rejection of the rebate claim under Rule 5 of Export of Services Rules, 2005. The decision was based on the receipt of payments in Indian Rupees equivalent to the foreign currency, supported by FIRCs and Reserve Bank regulations. Citing case laws like Samit Enterprises Pvt. Ltd., the Tribunal held that payments through intermediaries can be considered as received in foreign exchange. The decision provided clarity on the issue and granted consequential benefits to the Appellant, setting aside the Impugned Order-In-Appeal. Case-Laws Service Tax Mon, 21 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335794