https://www.taxtmi.com/caselaws?id=763826 CESTAT Bangalore allowed the appeal regarding refund of unutilised CENVAT credit for exports under Rule 6A of Service Tax Rules, 1994. The Adjudicating Authority had rejected the refund claim of Rs. 93,39,310/- on limitation grounds under Notification 14/2016-CE(NT). The appellant received foreign exchange for January-March 2017 quarter between 10.01.2017 to 09.03.2017, with the last payment on 09.03.2017. The refund claim was filed on 28.03.2018. CESTAT held that for quarterly refund claims, the one-year limitation period commences from the end of the quarter, not from individual payment receipt dates. Since the claim was filed within one year from quarter-end March 2017, the rejection was not tenable. en-us Fri, 23 Aug 2024 00:00:00 +0530 Mon, 30 Dec 2024 08:39:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763826 CESTAT Bangalore allowed the appeal regarding refund of unutilised CENVAT credit for exports under Rule 6A of Service Tax Rules, 1994. The Adjudicating Authority had rejected the refund claim of Rs. 93,39,310/- on limitation grounds under Notification 14/2016-CE(NT). The appellant received foreign exchange for January-March 2017 quarter between 10.01.2017 to 09.03.2017, with the last payment on 09.03.2017. The refund claim was filed on 28.03.2018. CESTAT held that for quarterly refund claims, the one-year limitation period commences from the end of the quarter, not from individual payment receipt dates. Since the claim was filed within one year from quarter-end March 2017, the rejection was not tenable. Case-Laws Service Tax Fri, 23 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763826