https://www.taxtmi.com/highlights?id=97060 Refund claim of Cenvat credit for input services used in export was contested on realization of export proceeds; the article explains that payment received in Indian rupees from a foreign bank account through authorised banking channels (including Vostro accounts) constitutes deemed repatriation of realized foreign exchange and may be evidenced by a Foreign Inward Remittance Certificate. Applying the tribunal ratio cited, the condition for export realisation is satisfied and orders denying the refund were set aside, with consequential reliefs as per law. en-us Sat, 21 Feb 2026 11:59:12 +0530 Sat, 21 Feb 2026 11:59:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=97060 Refund claim of Cenvat credit for input services used in export was contested on realization of export proceeds; the article explains that payment received in Indian rupees from a foreign bank account through authorised banking channels (including Vostro accounts) constitutes deemed repatriation of realized foreign exchange and may be evidenced by a Foreign Inward Remittance Certificate. Applying the tribunal ratio cited, the condition for export realisation is satisfied and orders denying the refund were set aside, with consequential reliefs as per law. Highlights Service Tax Sat, 21 Feb 2026 11:59:12 +0530 https://www.taxtmi.com/highlights?id=97060