https://www.taxtmi.com/article/detailed?id=1917 Exemption covers service tax on commission services from commission agents located outside India used for export of goods, subject to declaration of commission in the shipping bill, a cap limiting exemption to service tax on a value equal to ten percent of the FOB value of exported goods, specified exclusions (canalized items, project exports, government- or EXIM Bank financed exports, and certain overseas joint venture exports), and procedural requirements including prior notification in Form EXP3, registration prerequisites, issuance of bills in the exporter's name, and submission of certified originals and agreements with the half yearly Form EXP4; excess commission over the cap is taxable. en-us Mon, 08 Oct 2012 23:28:11 +0530 Mon, 08 Oct 2012 23:28:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1917 Exemption covers service tax on commission services from commission agents located outside India used for export of goods, subject to declaration of commission in the shipping bill, a cap limiting exemption to service tax on a value equal to ten percent of the FOB value of exported goods, specified exclusions (canalized items, project exports, government- or EXIM Bank financed exports, and certain overseas joint venture exports), and procedural requirements including prior notification in Form EXP3, registration prerequisites, issuance of bills in the exporter's name, and submission of certified originals and agreements with the half yearly Form EXP4; excess commission over the cap is taxable. Articles Service Tax Mon, 08 Oct 2012 23:28:11 +0530 https://www.taxtmi.com/article/detailed?id=1917