Service tax refund scheme review seeks revised refund rates and stakeholder consultation to adapt to rate change and taxation approach. A committee led by the Director General of Service Tax will review the electronic refund scheme for service tax on services used for exports, develop a scientific approach to fixing refund rates, and propose a revised schedule accounting for the service tax rate change and movement to a Negative List approach; it will consult stakeholders and submit a report to the CBEC Chairperson, with suggestions accepted via the provided email.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Service tax refund scheme review seeks revised refund rates and stakeholder consultation to adapt to rate change and taxation approach.
A committee led by the Director General of Service Tax will review the electronic refund scheme for service tax on services used for exports, develop a scientific approach to fixing refund rates, and propose a revised schedule accounting for the service tax rate change and movement to a Negative List approach; it will consult stakeholders and submit a report to the CBEC Chairperson, with suggestions accepted via the provided email.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
