Can we get refudn of Service Tax we have paid??
This query is : Resolved
22 April 2008
We are one STPI unit having international call center, our all revenue generate from USA only. we pay Service Tax(ST) to some vendors along with his bill amount, as we are 100% exporter we need not to register ourself in ST, but we are paying ST indirectly, can we claim this amount refund?
Can we have any remedy to save this amount?
Can we have any remedy to save this amount?
23 April 2008
I dont agree with u that exporter need not have to register under ST provisions. Kindly go through notification no. 2007/41 -Service Tax
23 April 2008
U have to get ST registration and u can claim refund
23 April 2008
Mr. Raj,
If you you get registered with ST then cliam rebate vide relevent form on ST paid by you.but,
As far I know Department didn't allow any rebate .
If you you get registered with ST then cliam rebate vide relevent form on ST paid by you.but,
As far I know Department didn't allow any rebate .
23 April 2008
Services provided by STPI in india are not exempted. Only the services which are exported are exempted.
Inputs / capital goods required for export of services can be procured by STPI without payment of duty.
STPI can take cenvat credit of inputs / capital goods / input services if the same are not available without payment of duty. Such credit can be used towards payment of service tax for services provided in india.
If such credit can not be utilised, STPI can claim refund of the same under Rule 5 of Cenvat Credit Rules,2004
source.www.in.answers.yahoo.com
( by sri gaurav.k)
sourced by r.v.rao
Inputs / capital goods required for export of services can be procured by STPI without payment of duty.
STPI can take cenvat credit of inputs / capital goods / input services if the same are not available without payment of duty. Such credit can be used towards payment of service tax for services provided in india.
If such credit can not be utilised, STPI can claim refund of the same under Rule 5 of Cenvat Credit Rules,2004
source.www.in.answers.yahoo.com
( by sri gaurav.k)
sourced by r.v.rao
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