https://www.taxtmi.com/caselaws?id=754576 CESTAT Chennai allowed the appeal regarding refund of input service credit under Rule 5 of CENVAT Credit Rules, 2004 for export of services during April-June 2010 and January-March 2010. The appellant provided services to a foreign entity by identifying suppliers within India rather than marketing foreign products to Indian entities. Lower authorities erred in misunderstanding facts and wrongly denied CENVAT credit. Following precedent and CBEC Circular No. 111/05/2009, the tribunal held that services rendered to Japan-based receiver with benefits accruing outside India qualified for credit. The denial was unsustainable and set aside. en-us Tue, 25 Jun 2024 00:00:00 +0530 Wed, 26 Jun 2024 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754576 CESTAT Chennai allowed the appeal regarding refund of input service credit under Rule 5 of CENVAT Credit Rules, 2004 for export of services during April-June 2010 and January-March 2010. The appellant provided services to a foreign entity by identifying suppliers within India rather than marketing foreign products to Indian entities. Lower authorities erred in misunderstanding facts and wrongly denied CENVAT credit. Following precedent and CBEC Circular No. 111/05/2009, the tribunal held that services rendered to Japan-based receiver with benefits accruing outside India qualified for credit. The denial was unsustainable and set aside. Case-Laws Service Tax Tue, 25 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754576