Service Tax Refund to exporters through the Indian Customs EDI System (ICES)
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....LITY No. 02/2012 Subject: Service Tax Refund to exporters through the Indian Customs EDI System (ICES)- reg. Trade and the public concerned are hereby informed that so far Service Tax Refund (STR) was made available to exporters (other than SEZ Units/Developers) on specified services used for export of goods covered in Notification 17/2009-ST dated 07.07.2009 (as amended) subject to certain cond....
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....ral Excise/Service Tax formations. 3. To. obtain benefit under the new electronic STR scheme, which is based on the 'schedule of rates', an exporter: (i) should have a bank account and also a central excise registration or service tax code number and the same should be registered with Customs ICES 1.5 using 'Annexure -Al Form; (ii) should declare his option to avail STR on the electr....
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.... specified in the schedule against the said goods, as a percentage of the FOB value! 5. Exporters who do not like to obtain electronic STR on the basis of 'schedule of rates', but wish to opt for claiming STR on the basis of documents, through the Central Excise/Service Tax field formations should declare chapter/subheading number. as 9801 in the electronic Shipping Bill. Minimum STR wil....
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.... of the exporter, in any branch/bank anywhere in the country (through the NEFT/RTGS). For this purpose, the exporters are required to register with Customs, the Indian Financial Ser,'ice Code (IFSC) of the bank branch in which s/he wishes to receive the STR amount, the core banking enabled account number, bank name and address, using 'Annexure-A. The procedure for registration of bank acco....