https://www.taxtmi.com/news?id=1625 Notification No. 17/2011-ST defines wholly consumed services for SEZs using Export of Services Rules criteria and treats services received by entities operating solely in SEZs as wholly consumed. Such wholly consumed services are not subject to upfront service tax, including services normally covered by reverse charge. Services not wholly consumed qualify for refunds on a pro rata basis (SEZ turnover to total turnover). The Cenvat Credit Rules, 2004 have been amended to waive rule 6 requirements where services are supplied to SEZ units for authorized operations without payment of tax. en-us Mon, 28 Feb 2011 16:21:23 +0530 Wed, 23 Mar 2011 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1625 Notification No. 17/2011-ST defines wholly consumed services for SEZs using Export of Services Rules criteria and treats services received by entities operating solely in SEZs as wholly consumed. Such wholly consumed services are not subject to upfront service tax, including services normally covered by reverse charge. Services not wholly consumed qualify for refunds on a pro rata basis (SEZ turnover to total turnover). The Cenvat Credit Rules, 2004 have been amended to waive rule 6 requirements where services are supplied to SEZ units for authorized operations without payment of tax. News - Mon, 28 Feb 2011 16:21:23 +0530 https://www.taxtmi.com/news?id=1625