TaxTMI 
TaxTMI 
65 zzk - Service of Purchase & sell of Foreign Currency Including Money Changing provided to an Exporter in Relation to Export goods.
Under this Can a Export unit Claim service tax refund on Service Tax Paid on Forward Contracts.
Service Tax Refund
25 Aug 2011 
1 Reply 
1191 Views Asked by
Guest 
Service tax refund for foreign exchange forward contracts: exporters may claim refund or utilise credit for domestic tax payments.
An export unit can claim a refund of service tax paid on forward contracts for foreign exchange services supplied in relation to export goods, or alternatively may utilise the service tax credit for payment of service tax on services in India or for payment of excise duty in India. (AI Summary)
An export unit can claim a refund of service tax paid on forward contracts for foreign exchange services supplied in relation to export goods, or alternatively may utilise the service tax credit for payment of service tax on services in India or for payment of excise duty in India. (AI Summary)