https://www.taxtmi.com/article/detailed?id=5183 Exemption from service tax is available to SEZ Units and Developers for services used for authorized operations either by refund of tax paid or, where services are used exclusively, by opting for ab initio exemption under prescribed procedures; alternatively, CENVAT credit may be availed. Procedural preconditions include Approval Committee sign-off, Form A1 declaration, Form A2 authorization to suppliers, quarterly Form A3 reporting, maintenance of accounts, and an undertaking to repay erroneously exempted amounts with interest. Refunds for services common to SEZ and DTA are distributed by turnover per CENVAT Rules and claimed in Form A4 within the prescribed period; erroneous refunds are recoverable. en-us Mon, 08 Jul 2013 10:51:17 +0530 Mon, 08 Jul 2013 10:51:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5183 Exemption from service tax is available to SEZ Units and Developers for services used for authorized operations either by refund of tax paid or, where services are used exclusively, by opting for ab initio exemption under prescribed procedures; alternatively, CENVAT credit may be availed. Procedural preconditions include Approval Committee sign-off, Form A1 declaration, Form A2 authorization to suppliers, quarterly Form A3 reporting, maintenance of accounts, and an undertaking to repay erroneously exempted amounts with interest. Refunds for services common to SEZ and DTA are distributed by turnover per CENVAT Rules and claimed in Form A4 within the prescribed period; erroneous refunds are recoverable. Articles Service Tax Mon, 08 Jul 2013 10:51:17 +0530 https://www.taxtmi.com/article/detailed?id=5183