Central Government issues Notification to Provide average Rates of Service Tax Refund for a wide Range of Goods Exported from India; Adds to E-Enabled Service Delivery to Exporting Community, Limits Public interface and Reduces Transaction Costs in obtaining Refunds

Central Government issues Notification to Provide average Rates of Service Tax Refund for a wide Range of Goods Exported from India; Adds to E-Enabled Service Delivery to Exporting Community, Limits Public interface and Reduces Transaction Costs in obtaining Refunds https://www.taxtmi.com/news?id=2641 Notification prescribes average refund rates for services used in exports and implements refunds through the Indian Customs EDI system, enabling automatic direct credit to exporters' bank accounts without additional export documentation, with Customs officers vested with powers of Central Excise/Service Tax officers to process refunds. en-us Tue, 03 Jan 2012 19:00:33 +0530 Tue, 03 Jan 2012 19:00:33 +0530 TaxTMI RSS Generator Central Government issues Notification to Provide average Rates of Service Tax Refund for a wide Range of Goods Exported from India; Adds to E-Enabled Service Delivery to Exporting Community, Limits Public interface and Reduces Transaction Costs in obtaining Refunds https://www.taxtmi.com/news?id=2641 Notification prescribes average refund rates for services used in exports and implements refunds through the Indian Customs EDI system, enabling automatic direct credit to exporters' bank accounts without additional export documentation, with Customs officers vested with powers of Central Excise/Service Tax officers to process refunds. News - Tue, 03 Jan 2012 19:00:33 +0530 https://www.taxtmi.com/news?id=2641