No Co-relation Required to Claim Service Tax Refund when all business were of export only

Welspun Global Ltd. Vs C.C.E. & S.T. (CESTAT Ahmedabad) Denial of refund of Service Tax paid on Banking and Financial Services – The said refund has been rejected on the ground that the appellant has failed to correlate the services availed with the exports of goods. Learned Counsel pointed out that they are engaged only in the export of goods and there is no other business therefore, all the services availed are in relation to export of goods. He pointed out that they had made a specific claim before the lower authority. All the business of the appellant was export of goods, therefo...