https://www.taxtmi.com/caselaws?id=794486 Refund under Notification No. 5/2006-C.E. (N.T.), read with Rule 5 of the Cenvat Credit Rules, 2004, is to be given a beneficial construction so as to neutralise tax on exports and avoid cascading effect. The text states that refund of accumulated Cenvat credit cannot be denied merely because some admissible credit was availed after the last export invoice date of the relevant quarter, where the credit remained unutilized when the refund claim was filed. A mere intra-quarter timing difference in availment does not defeat substantive entitlement to quarterly export refund. en-us Wed, 01 Jul 2026 00:00:00 +0530 Tue, 07 Jul 2026 08:39:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794486 Refund under Notification No. 5/2006-C.E. (N.T.), read with Rule 5 of the Cenvat Credit Rules, 2004, is to be given a beneficial construction so as to neutralise tax on exports and avoid cascading effect. The text states that refund of accumulated Cenvat credit cannot be denied merely because some admissible credit was availed after the last export invoice date of the relevant quarter, where the credit remained unutilized when the refund claim was filed. A mere intra-quarter timing difference in availment does not defeat substantive entitlement to quarterly export refund. Case-Laws Service Tax Wed, 01 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794486