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<h1>Committee to Review Electronic Refund Scheme for Service Tax on Exports, Propose New Rates by June 20, 2012.</h1> A committee led by the Director General of Service Tax has been formed to review the electronic refund scheme for service tax paid on services used in exporting goods, as per Notification 52/2011-ST. The committee will develop a scientific method for setting refund rates and propose a revised schedule, considering the service tax rate increase from 10% to 12% and the shift to a 'Negative List' taxation approach. The committee will gather data from various stakeholders and submit its report by June 20, 2012. Stakeholders are encouraged to provide feedback via email.