https://www.taxtmi.com/caselaws?id=294554 The Tribunal set aside the rejection of refund claims amounting to Rs. 71,94,865 for accumulated Cenvat Credit related to export services. It clarified that the relevant date for refund claims under Rule 5 of the Cenvat Credit Rules, 2004, can be the end of the quarter in which the Foreign Inward Remittance Certificate (FIRC) is received. The Commissioner's decision to calculate the time limit from the date of the invoice was overturned, instructing a re-examination based on the FIRC receipt date. The appellant's appeals were allowed for re-evaluation based on this principle, with consequential benefits if entitled to a refund. en-us Wed, 19 Jun 2019 00:00:00 +0530 Wed, 21 Apr 2021 08:15:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294554 The Tribunal set aside the rejection of refund claims amounting to Rs. 71,94,865 for accumulated Cenvat Credit related to export services. It clarified that the relevant date for refund claims under Rule 5 of the Cenvat Credit Rules, 2004, can be the end of the quarter in which the Foreign Inward Remittance Certificate (FIRC) is received. The Commissioner's decision to calculate the time limit from the date of the invoice was overturned, instructing a re-examination based on the FIRC receipt date. The appellant's appeals were allowed for re-evaluation based on this principle, with consequential benefits if entitled to a refund. Case-Laws Service Tax Wed, 19 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294554