https://www.taxtmi.com/caselaws?id=418308 The Tribunal allowed the appeal in favor of the appellants, a 100% Export Oriented Unit, granting them entitlement to refund for unutilized credit under Cenvat Credit Rules. Despite Revenue's rejection based on the nature of exported services, the Tribunal held that the services were eligible for refund to promote exports without tax burden. The appellants were also awarded interest for delayed payment in accordance with Section 11BB of the Central Excise Act, supported by precedents from various High Courts. The miscellaneous application for interest was disposed of accordingly. en-us Thu, 10 Feb 2022 00:00:00 +0530 Mon, 14 Feb 2022 07:18:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418308 The Tribunal allowed the appeal in favor of the appellants, a 100% Export Oriented Unit, granting them entitlement to refund for unutilized credit under Cenvat Credit Rules. Despite Revenue's rejection based on the nature of exported services, the Tribunal held that the services were eligible for refund to promote exports without tax burden. The appellants were also awarded interest for delayed payment in accordance with Section 11BB of the Central Excise Act, supported by precedents from various High Courts. The miscellaneous application for interest was disposed of accordingly. Case-Laws Service Tax Thu, 10 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418308