Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: form 3cd :: VAT RATES :: empanelment :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: VAT Audit :: TDS :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: list of goods taxed at 4%
 
 
« Service Tax »
  Ways In Which GST Will Impact The Average Indian’s Wallet
 Goods done, GST Council seals tax rate on services
 Respite likely for businesses on e-way under GST
 Govt to strengthen agency under GST to check tax evasion
 1% tax at source under GST likely for online sellers
  Rules For Integrated Goods And Services Tax Act, 2017
 Interpretation Of Central Goods And Services Tax (CGST) Act (Part-5)
 Rules For Integrated Goods And Services Tax Act, 2017
 GST: What still needs to be done
 More than a 3rd of state taxes to stay out of GST
 Goods and Service Tax will boost economy of nation feels

Exports of 68 services may get service tax refund
November, 03rd 2011

Exports of as many as 68 services, including banking and asset management, will be eligible for refund of service tax, as per a draft circular of the Revenue Department.

The Central Board of Excise and Customs (CBEC) in order to streamline the process of sanctioning of refund claims arising on account of service tax on input services that have gone into exports of services, has sought public comments by November 30 on the draft circular.

However, if the input service has made no contribution to exports and has been exclusively utilised for domestic operations, it would not be eligible to refund, the CBEC's draft added.

The government's policy is that exports should not be burdened with any excise or service tax.

The draft follows complains that exporters face problems in availing refund.

"It may please be noted that the list is not exhaustive, but is illustrative," the draft circular on 'Refunds in Service Tax' added.

Some other services that have been included in the list are, air travel agents services, cargo handling services and courier service.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Reengineering Software Re-engineering Software Reverse Engineering Software Reverse Development Software Change Modulation Software Conversion Software Re-creation Software Re-development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions