service tax
Rakesh Chitkara
plz tell mw service tax refund for 100 exporter
Service tax refund mechanisms for exporters: refund available under applicable Cenvat rule or specified notifications; R&D cess queries noted. Exporters may claim refund of service tax or unutilised input credit under the Cenvat regime either through the procedural refund route in the Cenvat Credit Rules or via specified notifications that provide refund or exemption for export-related services. Separate compliance issues concern payment and treatment of the R&D cess on import of technology and under foreign collaboration agreements. (AI Summary)
TaxTMI
TaxTMI