𝗖𝗘𝗦𝗧𝗔𝗧 𝗠𝘂𝗺𝗯𝗮𝗶 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗥𝗲𝗳𝘂𝗻𝗱 𝗼𝗳 𝗖𝗘𝗡𝗩𝗔𝗧 𝗖𝗿𝗲𝗱𝗶𝘁 𝗳𝗼𝗿 𝗘𝘅𝗽𝗼𝗿𝘁 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "The appellant is eligible for the refund of unutilized CENVAT credit on export of services, as the credit was not disallowed through a Show Cause Notice (SCN)."

🔍 𝗙𝗮𝗰𝘁𝘀: 𝗖𝗼𝗺𝗽𝗮𝗻𝘆: M/s Saavn Media Private Limited 𝗜𝘀𝘀𝘂𝗲: Whether the appellant is eligible for the refund of unutilized CENVAT credit? 𝗔𝗰𝘁𝗶𝘃𝗶𝘁𝘆: The appellant, engaged in exporting services, availed CENVAT credit on input services and filed a refund application for the unutilized credit under Notification No. 27/2012-CE. The refund was partially denied, leading to an appeal.

⚖️ 𝗝𝘂𝗱𝗴𝗲𝗺𝗲𝗻𝘁: The Tribunal ruled that since the CENVAT credit was not disallowed through a Show Cause Notice under Rule 14, the unutilized credit remained valid in the appellant's books. Consequently, the refund of the credit could not be denied. The appeal was allowed, and the refund rejection was set aside.

📜 𝗖𝗮𝘀𝗲 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻: 𝗧𝗶𝘁𝗹𝗲: M/s Saavn Media Private Limited vs. Commissioner of Central Goods & Service Tax, Mumbai East 𝗢𝗿𝗱𝗲𝗿 𝗗𝗮𝘁𝗲: 16 March 2023 📜 This ruling emphasizes that CENVAT credit accumulated on export services cannot be denied unless specifically disallowed through a formal Show Cause Notice under Rule 14.