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of <h1>New Rules Simplify SEZ Service Tax Exemptions: No Refunds Needed for Services Within SEZs, Streamlined Process for Others.</h1> The circular addresses the refund of service tax paid on services related to authorized operations in Special Economic Zones (SEZs). It amends a previous notification to provide unconditional exemption for services consumed within SEZs, eliminating the need for a refund process. Refunds are applicable only when services are consumed outside SEZs, subject to verification by the Assistant/Deputy Commissioner. The refund claim must include approved service lists and tax payment evidence. For claims exceeding Rs. 5 lakh, specific procedures apply. Refunds should be processed promptly, with interim refunds issued within 15 days, and finalization within 30 to 45 days.
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