https://www.taxtmi.com/circulars?id=7863 Refund of service tax on foreign agent commission is limited by an exemption cap tied to the free on board (FOB) value of export goods: the refundable amount of service tax is restricted to the portion of tax attributable to the allowable percentage of FOB for which the foreign agent service was used. Until further notification, the maximum allowable foreign agency commission for refund computations remains at the pre-budget ceiling of ten percent of FOB. en-us Mon, 23 Nov 2009 00:00:00 +0530 Fri, 06 Jan 2012 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7863 Refund of service tax on foreign agent commission is limited by an exemption cap tied to the free on board (FOB) value of export goods: the refundable amount of service tax is restricted to the portion of tax attributable to the allowable percentage of FOB for which the foreign agent service was used. Until further notification, the maximum allowable foreign agency commission for refund computations remains at the pre-budget ceiling of ten percent of FOB. Circulars Service Tax Mon, 23 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7863