Electronic refund of service tax reviewed; committee to revise refund rate schedule reflecting recent tax rate change and policy shift. A Committee is constituted to review the electronic refund scheme for service tax on services used in export of goods at the post-manufacture stage, tasked to develop a scientific approach for fixation of rates in the schedule of refund rates and to propose a revised schedule in light of the recent service tax rate change and the shift toward a Negative List approach; the Committee may consult field formations and industry stakeholders and must submit its report to the Chairman, CBEC by 20 June 2012, with stakeholder feedback invited via a designated e-mail.