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    <title>Regarding exemption under Focus Product Scheme (FPS)</title>
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    <description>Exemption from service tax is provided for taxable services supplied against a Focus Product Scheme duty credit scrip, subject to conditions: scrip issuance for listed products, exclusion of specified export categories, registration of the scrip with the Customs Authority, presentation with invoice or challan identifying the jurisdictional Central Excise Officer, Customs debiting of the notional service tax on the scrip (treated as payment date), presentation of the debited scrip to the Officer within thirty days with an undertaking for any short debit, Officer validation and recordal, and entitlement to drawback or CENVAT credit against the debited and validated service tax.</description>
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    <pubDate>Thu, 18 Apr 2013 00:00:00 +0530</pubDate>
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      <title>Regarding exemption under Focus Product Scheme (FPS)</title>
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      <description>Exemption from service tax is provided for taxable services supplied against a Focus Product Scheme duty credit scrip, subject to conditions: scrip issuance for listed products, exclusion of specified export categories, registration of the scrip with the Customs Authority, presentation with invoice or challan identifying the jurisdictional Central Excise Officer, Customs debiting of the notional service tax on the scrip (treated as payment date), presentation of the debited scrip to the Officer within thirty days with an undertaking for any short debit, Officer validation and recordal, and entitlement to drawback or CENVAT credit against the debited and validated service tax.</description>
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      <pubDate>Thu, 18 Apr 2013 00:00:00 +0530</pubDate>
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