Service Tax Reimbursement
This query is : Resolved
14 April 2008
Dear Sir,
We are developing 100% EOU in Chennai
shall we eligible to service tax reimbursement.
If it's eligible what is the procedure to apply.
Pls clarify it.
Rgds
E.shanknar / 1976shan@gmail.com
We are developing 100% EOU in Chennai
shall we eligible to service tax reimbursement.
If it's eligible what is the procedure to apply.
Pls clarify it.
Rgds
E.shanknar / 1976shan@gmail.com
14 April 2008
Remission of Servicetax: For all goods and services which are exported from units in Tax in DTADomestic Tariff Area (DTA) and units in EOU/EHTP/STP/BTP remission of service tax levied shall be allowed.
Exemption from from serv.tax:Units in SEZ shall be exempted from service tax.
source:exim policy document-
THERE IS A SUBTLE DIFFERENCE BETWEEN exemption and a remission. An exemption means there is no charge. A remission means there is a charge but the UNIT is entitled to help paying it.
R.V.RAO
Exemption from from serv.tax:Units in SEZ shall be exempted from service tax.
source:exim policy document-
THERE IS A SUBTLE DIFFERENCE BETWEEN exemption and a remission. An exemption means there is no charge. A remission means there is a charge but the UNIT is entitled to help paying it.
R.V.RAO
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