Refund of unutilized cenvat credit available on output tax payable by service receiver under RCM

Commissioner of CGST Delhi East Vs Anand and Anand (Delhi High Court) Held that refund under rule 5 of the Cenvat Credit Rules is available on legal services offered by the assessee to the recipient of service located outside the taxable territory. Facts- The short issue which arises for consideration is whether the assessee is entitled to a refund of unutilized CENVAT credit. The assessee seeks a refund of unutilized CENVAT credit under the CENVAT Credit Rules, 2004 on account of export of legal services under rule 5 of the rules. Conclusion- A plain reading of Rule 5 of the 2004 Rules would...