Electronic refund of service tax paid on taxable services used for exports of goods - Service Tax - 16/2012

Electronic refund of service tax paid on taxable services used for exports of goods Public Notice No. 16/2012, dated 14-5-2012 issued by Customs Commissionerate (Export), Mumbai A Committee has been constituted with Director General of Service Tax, Smt. Sanghamitra Panda as Chairperson, to review the scheme for electronic refund of service tax paid on taxable services used for export of goods, made operational vide Notification 52/2011-ST, dated 30th December, 2011 . Other members of the Committee are Commissioner of Service Tax, Mumbai-1, Shri Sushil Solanki and Director, TRU, Shri J.M. Kennedy. 2. The Committee has been asked, as a part of the review, to; ( a ) evolve a scientific approach for the fixation of rates in the schedule of rates for service tax refund; and ( b ) propose a revised schedule of rates for service tax refund, taking into account the revision of rate of service tax from 10% to 12% and also movement towards 'Negative List' approach to taxation of services. The Committee will interact with/call for data from, the field formations, export promotion councils, chambers of commerce and business or industry association. The Committee will submit its report to the Chairman, CBEC, before 20-6-2012. Views and suggestions may be posted at the e-mail address : [email protected] .