27 July 2010
Can a manufacturer-exporter take credit on the Service Tax paid for Services like Custom House Agent, Technical Inspection, Quality Control, Port Services, Terminal Services etc for export of their manufactured goods? If there is any bar on taking such credits, then under what Rule? Does Rule 2(1) of CCR'04 puts any bar on taking such credits of Service tax?
27 July 2010
The manufacturer will have to claim refund for the service tax paid as applicable. Credit can be taken only on serves used for manufacture of goods.
CAclubindia
