TMI BlogRefund of service tax paid on foreign agent commission by exporters - Notification No.18/2009 dated 07/07/2009 - clarification - RegX X X X Extracts X X X X X X X X Extracts X X X X ..... rd November, 2009 . Subject: Refund of service tax paid on foreign agent commission by exporters - Notification No.18/2009 dated 07/07/2009 - clarification - Reg. Representations have been received from exporters, seeking clarification whether ten per cent of free on board (FOB) value of export goods allowed as foreign agency commission vide Notification 41/2007-ST dated 06/10/2007 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the maximum exemption of service tax. To settle all doubts to rest, for the purpose of service tax refund, maximum allowable foreign agency commission on export goods continues to be at the pre-budget level of ten percent of the fob value of export goods till further changes are notified. (J. M. Kennedy) Director (TRU) - Circular - Trade Notice - Public Notice - Instructions - Office or ..... X X X X Extracts X X X X X X X X Extracts X X X X
|