Refund vs drawback


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Querist : Anonymous

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Querist : Anonymous (Querist)
02 June 2015 Hello...
is duty drawback of 1% (chapter 20) is allowed when i am taking service tax refund on service tax paid on services taken for exporting goods?

Further I am also taking SFIC benefit so duty drawback is allowable?

09 June 2015 The Duty Drawback seeks to rebate duty or tax chargeable on any imported / excisable materials and input services used in the manufacture of export goods. The duties and tax neutralized under the scheme are
(i) Customs and Union Excise Duties in respect of inputs and
(ii) Service Tax in respect of input services. The Duty Drawback is of two types: (i) All Industry Rate and (ii) Brand Rate.

further info link is:

https://www.servicetax.gov.in/circular/st-circular11/st-circ-149-2k11.htm


Regards,

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2015 Thank you very much sir.


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