https://www.taxtmi.com/caselaws?id=349244 The Tribunal held that the rejection of refund claims based on the receipt of export proceeds in Indian Rupees was not justified. Payments in Indian Rupees routed through foreign banks, supported by FIRCs, were deemed equivalent to convertible foreign exchange. The Tribunal also ruled in favor of admissibility of input service credit for security services and air travel services. Consequently, the Tribunal set aside the impugned orders and allowed the appeals with consequential relief. en-us Mon, 18 Sep 2017 00:00:00 +0530 Fri, 31 Aug 2018 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349244 The Tribunal held that the rejection of refund claims based on the receipt of export proceeds in Indian Rupees was not justified. Payments in Indian Rupees routed through foreign banks, supported by FIRCs, were deemed equivalent to convertible foreign exchange. The Tribunal also ruled in favor of admissibility of input service credit for security services and air travel services. Consequently, the Tribunal set aside the impugned orders and allowed the appeals with consequential relief. Case-Laws Service Tax Mon, 18 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349244