https://www.taxtmi.com/caselaws?id=792536 For quarterly refund claims of unutilised CENVAT credit relating to export of services, the limitation under Rule 5 read with Section 11B is to be reckoned from the end of the quarter in which foreign exchange is received, because the statutory relevant-date framework does not fit service exports in the same way as goods exports. The Tribunal followed the Larger Bench view in Span Infotech and treated receipt of the Foreign Inward Remittance Certificate as the operative reference point. A later notification linking limitation to receipt of payment in convertible foreign exchange was applied prospectively and could not be used to defeat earlier claims. en-us Fri, 29 May 2026 00:00:00 +0530 Sat, 30 May 2026 08:29:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792536 For quarterly refund claims of unutilised CENVAT credit relating to export of services, the limitation under Rule 5 read with Section 11B is to be reckoned from the end of the quarter in which foreign exchange is received, because the statutory relevant-date framework does not fit service exports in the same way as goods exports. The Tribunal followed the Larger Bench view in Span Infotech and treated receipt of the Foreign Inward Remittance Certificate as the operative reference point. A later notification linking limitation to receipt of payment in convertible foreign exchange was applied prospectively and could not be used to defeat earlier claims. Case-Laws Service Tax Fri, 29 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792536