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

Service tax refund expanded to cover services used beyond production premises for exported excisable goods, with increased refund rates.

Amendment broadens the refund of service tax for exported excisable goods by substituting a clause to cover taxable services used beyond the factory or place of production for export, omits clause (B) from the Explanation, and increases specified numeric rate entries in the Schedule of rates by substituting higher figures in column (4) to adjust refund amounts.