2024 (1) TMI 963 - SCH - Service Tax

Refund of the CENVAT Credit - Relevant date - time limitation as provided in section 11B of CEA - the Tribunal 2020 (5) TMI 449 - CESTAT NEW DELHI has reaffirmed the principle that for exported services, the relevant date for claiming a refund of CENVAT credit under Rule 5 of the CENVAT Credit Rules, 2004, is the date of realization of foreign exchange, not the date of the export invoice. - HELD THAT - There are no reason to interfere with the impugned judgment and order passed by the Custom Excise Service Tax Appellate Tribunal. The civil appeal is accordingly dismissed.

Summary

The Supreme Court dismissed the civil appeal and upheld the judgment of the Custom Excise Service Tax Appellate Tribunal. Any pending applications were disposed of.