Service tax refund via electronic customs system allows exporters to claim schedule-based or document-based refunds. Electronic service tax refund is available through ICES 1.5 under a schedule of rates or on documents; exporters must register bank account and central excise or PAN based service tax code using Annexure A and elect the electronic STR option on the shipping bill by declaring the schedule chapter/subheading matching the RITC. ICES will validate tax registration details with ACES and compute the refund as the schedule percentage of FOB value. Alternatives, amendment routes, tracking via ICEGATE, and disbursement to registered bank accounts by electronic transfer are set out.
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 customs system allows exporters to claim schedule-based or document-based refunds.
Electronic service tax refund is available through ICES 1.5 under a schedule of rates or on documents; exporters must register bank account and central excise or PAN based service tax code using Annexure A and elect the electronic STR option on the shipping bill by declaring the schedule chapter/subheading matching the RITC. ICES will validate tax registration details with ACES and compute the refund as the schedule percentage of FOB value. Alternatives, amendment routes, tracking via ICEGATE, and disbursement to registered bank accounts by electronic transfer are set out.
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