EXPORT SERVICES

[SNEHAL SHAH]

Dear sir,

I am aware of export services & i understand that Export service is Exmeted , But there is some Clarification requried from your side .

1) Registration required for Export Services ( We have awailed Export servies -- Technical , Projet at USA & other countries etc ) .

2) 10 Lacs limit is necessary in Export Servcies ?

3) Any Exprot Bond required for Servcie Provide to other countreis like Excise ( , UT-1 , B-1 Bond etc ) .

4) If we have already registration for techinical & other services ( at the time of Import service recd from other courntries ) , required another registraton for Export Servcies .

5) If we have Balance Cenvat & Revesed cenvate against service provided & than rebate claim , is there time limit for submission & get refund rebate amount .

Please give your expert guideline .

 Regards,

SNEHAL SHAH

[Dipen Shah]

Please find point by point answer

1) & 4) from the point no 4 I understand that you are already registered for all category of services provided and exported by the organisation and you are having PAN based 15 digit STC number, there is no requirement to register Export of service. In other words there is no separate registration available for Export of Service.

2) If the value of taxable Service exceed Rs. 9 lacs, whether export or domestic, one should get himself registered with the Department.

3)There is no such Bonds are required to export of service. The only condition is that the consideration for export of services should be realized in Foreign currency  and should repat to India within timeline specified by the RBI,

5) There are various methods available to claim refund of the service tax balance lying in the CENVAT account. The same depends upon the notification under which you are claiming the refund.

Please refer to below notification under which refund/rebate can be claimed

1) Notification 05/2006- CE- NT

2) Notification 11/2005- ST

3) Notification 12/2005- ST

AI Summary

Export of services: no separate registration required; threshold-based service registration, no export bonds, and foreign currency repatriation required. Export of services is exempt but does not require a separate export registration; exporters with PAN-based service tax registration need not register again. Registration is required when taxable service value exceeds the statutory threshold. No export-specific bonds are required; payment must be realized in foreign currency and repatriated within RBI timelines. Refunds of CENVAT/service tax balances are available through specified notifications and depend on the notification under which the claim is made.