Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

EXPORT SERVICES

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... EXPORT SERVICES
Query (Issue) Started By: - SNEHAL SHAH Dated:- 7-2-2012 Last Reply Date:- 7-2-2012 Service Tax
Got 1 Reply
Service Tax
Dear sir, I am aware of export services & i understand that Export service is Exmeted , But there is some Clarification requried from your side . 1) Registration required for Export Services ( We have awailed Export servies -- Technical , Projet at .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... USA & other countries etc ) . 2) 10 Lacs limit is necessary in Export Servcies ? 3) Any Exprot Bond required for Servcie Provide to other countreis like Excise ( , UT-1 , B-1 Bond etc ) . 4) If we have already registration for techinical & other services ( at the time of Import service recd from other courntries ) , required another registraton for Export Servcies . 5) If we have Balance Cenva .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t & Revesed cenvate against service provided & than rebate claim , is there time limit for submission & get refund rebate amount . Please give your expert guideline . Regards, SNEHAL SHAH Reply By Dipen Shah: The Reply: Please find point by point answer 1) & 4) from the point no 4 I understand that you are already registered for all category of services provided and exported by the organisa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tion and you are having PAN based 15 digit STC number, there is no requirement to register Export of service. In other words there is no separate registration available for Export of Service. 2) If the value of taxable Service exceed Rs. 9 lacs, whether export or domestic, one should get himself registered with the Department. 3)There is no such Bonds are required to export of service. The only .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... condition is that the consideration for export of services should be realized in Foreign currency and should repat to India within timeline specified by the RBI, 5) There are various methods available to claim refund of the service tax balance lying in the CENVAT account. The same depends upon the notification under which you are claiming the refund. Please refer to below notification under whic .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h refund/rebate can be claimed 1) Notification 05/2006- CE- NT 2) Notification 11/2005- ST 3) Notification 12/2005- ST
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates