Service tax refund via electronic ICES filing enables exporters to claim refunds using registered bank and tax codes. Electronic Service Tax Refund via ICES 1.5 permits exporters to claim refunds using a prescribed schedule of rates or to continue with document-based claims. Exporters must register a core-banking enabled bank account (IFSC and account number) and either a Central Excise registration number or PAN-based service tax code in ICES 1.5 using Annexure A; EDI will enter details and validate excise/service tax data against ACES. Shipping bills claiming STR will be validated by ICES at 2/4-digit RITC levels; claims are not accepted without successful registration and ACES validation. Disbursement occurs to the registered account via branch credit or NEFT/RTGS.
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 via electronic ICES filing enables exporters to claim refunds using registered bank and tax codes.
Electronic Service Tax Refund via ICES 1.5 permits exporters to claim refunds using a prescribed schedule of rates or to continue with document-based claims. Exporters must register a core-banking enabled bank account (IFSC and account number) and either a Central Excise registration number or PAN-based service tax code in ICES 1.5 using Annexure A; EDI will enter details and validate excise/service tax data against ACES. Shipping bills claiming STR will be validated by ICES at 2/4-digit RITC levels; claims are not accepted without successful registration and ACES validation. Disbursement occurs to the registered account via branch credit or NEFT/RTGS.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.