https://www.taxtmi.com/caselaws?id=33480 CESTAT Bangalore - AT allowed the appeals and directed refund of Cenvat credit on input services used in exported services. The Tribunal held that Rule 3(1) does not require receipt of payment in convertible foreign exchange and is independent of Rule 3(2); therefore the appellants' services qualified as export. For the period before 01.03.2007 the notification did not impose the foreign-exchange receipt condition. Payments received in foreign exchange by a local agent were treated as received by the exporters, and denial of refund would amount to taxing exports; consequential relief was granted. en-us Tue, 04 Nov 2008 00:00:00 +0530 Thu, 06 Nov 2025 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33480 CESTAT Bangalore - AT allowed the appeals and directed refund of Cenvat credit on input services used in exported services. The Tribunal held that Rule 3(1) does not require receipt of payment in convertible foreign exchange and is independent of Rule 3(2); therefore the appellants' services qualified as export. For the period before 01.03.2007 the notification did not impose the foreign-exchange receipt condition. Payments received in foreign exchange by a local agent were treated as received by the exporters, and denial of refund would amount to taxing exports; consequential relief was granted. Case-Laws Service Tax Tue, 04 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33480