CENVAT Credit Rules 2004 Archives

Refund of unutilized accumulated CENVAT Credit

Case Briefs Tribunals/Commissions/Regulatory Bodies

Investment advisory services to overseas entity/recipient to be considered as “export of service”: CESTAT Mumbai allows unutilised CENVAT credit refund

“The appellant had exported the services to the overseas entity/recipient, such service should be considered as ‘export of service’ and the resultant benefit of refund of the accumulated CENVAT Credit available in the books of account should be available to the appellants.”

Case Briefs Tribunals/Commissions/Regulatory Bodies

‘Registration of premises is not a condition precedent for availing CENVAT credit’; CESTAT sets aside order disallowing CENVAT credit

The services were not received by the appellant regarding which invoices have been issued to the appellant’s other two addresses, other than the address for which service tax registration has been taken, is contrary to the contention stated by Revenue in the show cause notice. Therefore, the same is not sustainable in law.