TMI BlogApplicability of Income taxX X X X Extracts X X X X X X X X Extracts X X X X ..... Applicability of Income tax X X X X Extracts X X X X X X X X Extracts X X X X ..... an exporter of engineering items. Please let us know whether income tax is applicable.. 1) On rebate claim refund 2) DEPB refund Thanks and best regards Shamima Khan Mob: 9830606299 Excelo Industries ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Inc Phone 03326456660 e.mail: [email protected] Reply By Mukesh Kumar: The Reply: Yes, rebate claim (refund of excise duty) and / or DEPB refund is nothing but an income in the hands of the imp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orter. He include the same as part of taxable income. Reply By Ekalabya Talukdar: The Reply: Export without payment of service tax.- Any service, which is taxable under clause (105) of section 65 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Act, may be exported without payment of service tax. Rebate of service tax.- Where any taxable service is exported, the Central Government may, by notification, grant rebate of service tax paid on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... such taxable service or service tax or duty paid on input services or inputs, as the case may be, used in providing such taxable service and the rebate shall be subject to such conditions or limitati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ons, if any, and fulfillment of such procedure, as may be specified in the notification.1 X X X X Extracts X X X X X X X X Extracts X X X X
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