Exports of Goods and Service tax

[Samprada Kharat]

A Company is engaged in exports of goods  relating to Iron & Steel Industry. Now this Company is using the services of Clearing & Forwarding agents & Banking & Financial Services in this regards... According to the provisions, these both services are exempted and the Company can demand refund of the payment made...Plz guide me whether my interpretation of the ACT is correct and if not wht is the provision...

Thanks

Samprada Kharat

AI Summary

Iron & Steel Exporter Seeks Service Tax Refund; Queries Exemption Status Under Notification No. 17/2009-ST A company involved in the export of goods in the Iron & Steel Industry is utilizing Clearing & Forwarding agents and Banking & Financial Services. The company believes these services are exempt from service tax and seeks a refund for payments made. They request confirmation of their interpretation of the law. A respondent advises referring to Service Tax Notification No. 17/2009-ST dated 07.07.2009 for clarification. The original inquirer thanks the respondent for the guidance provided.