Date of realization of foreign exchange is relevant date in case of export of service

Miramed Ajuba Solutions Pvt. Ltd. Vs Commissioner of Service Tax (CESTAT Chennai) CESTAT Chennai held that relevant date of filing refund claim under Rule 5 of the Cenvat Credit Rules in case of export of service is the date of realization of the foreign exchange. Facts- The appellants are 100% Export Oriented Unit (EOU) and got registered with the Software Technology Parks of India (STPI). The appellant is engaged in the business of providing services in relation to Business Process Outsourcing, which interalia includes providing Healthcare Revenue Cycle Management and Collection Services to ...