Set off of r & d cess paid to rbi against service tax


This query is : Resolved 

26 December 2011 Research and Development cess paid to RBI for royalty payment to NOn Resident @ 5% can this payment be set off agaist service tax liabilty for import of service please let me know complete details with notification no

27 December 2011 Yes. Refer Notification 47/2011-ST.


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