Realization of export sale proceeds within a definite time frame is not a pre-condition to claim refund under Rule 5

Brief of the case: The CESTAT New Delhi in the case of P&P Overseas held that the realization of export sale proceeds within a definite time-frame is not a pre-condition for claiming refund of unutilized Cenvat credit under Cenvat Credit Rules , 2004 . It also held that the CHA and courier services are input services availed for or in relation to manufacturing of goods exported out of India and thus, the unutilized credit in respect thereof can be claimed as refund under Rule 5. Facts of the case: The assessee claimed refund of unutilized Cenvat credit u/Rule 5 of Cenvat Credit Rules,...