Seeks to amend notification No. 41/2012- ST, dated the 29th June, 2012 so as to allow refund of service tax on services used beyond the factory or any other place or premises of production or manufacture of the said goods for the export of the said goods and to increase the refund amount commensurate to the increased service tax rate - 01/2016 - Service Tax

India Updates Service Tax Refunds for Export Services, Revises Rates as per Finance Act, 1994.

The notification amends Notification No. 41/2012-ST, dated June 29, 2012, to permit refunds of service tax on services used beyond the factory or other production premises for exporting goods. It also adjusts the refund amounts to align with the increased service tax rates. Specifically, it substitutes certain figures in the Schedule of rates: '0.04' to '0.05', '0.06' to '0.07', '0.08' to '0.09', '0.12' to '0.14', '0.18' to '0.21', and '0.20' to '0.23'. These changes are enacted under the authority of the Finance Act, 1994, by the Government of India, Ministry of Finance.