S.Tax Refund on Bank Charges

Queries 1588 views 2 replies

Dear all professional frnds

A Very Good Morning

I have a query regarding the service tax refund on bank charge.

My queries are:

1. what type of bank charges that  we can get refund.

2. Procedure of taking the refund on bank charges.

3. Documents which will be shown  to Asst. commissionr of S. Tax for taking refund as supporting for refund.

4. is it mandatory  that bank charges will be 100% related to Export.

5. tell me the any circular/notification or any rule in this regd.

 

plz advice me.

 

Thanking You

 

Rajesh Jain

Company Secretary

 

 

 

Replies (2)
. is it mandatory that bank charges will be 100% related to Export 1. Name of the exporter : M/S RAMSONS ORGANICS LIMITED 2. Address of the registered office or head office of the exporter : AL-146, SHALIMAR BAGH, NEW DELHI 3. Permanent Account Number (PAN) of the exporter : AACCR3553Q 4. Import Export Code (IEC) of the exporter : 0599036842 5. Details of Bank Account of the exporter : (a) Name of the Bank : CANARA BANK (b) Name of the Branch :OLD RAILWAY ROAD (MAIN)GURGAON (c) Account Number : GA-22839 6. (a) Constitution of exporter [Proprietorship /Partnership /Registered Private Limited Company /Registered Public Limited Company /Others (specify)] : PUBLIC LIMITED COMPANY (b) Name, address and telephone number of director : YOGESH SACHDEVA B-VILLA, CENTRAL PARK-1 SECTOR – 42, GURGAON – 122002 TEL : 0124-4080105 7. Descripttion of export goods: S. No. Descripttion of goods Classification in case of excisable goods (1) NATURAL SAND STONES & ITS ARTICLES N/A 8. Descripttion of taxable services received by the exporter for use in export goods S. No. Descripttion of taxable service Classification under the Finance Act, 1994 (1) (1) Services provided for transport of said goods from the inland container depot to the port of export (2) TERMINAL HANDLING CHARGES & OTHER CHARGES Section 65(105)(zzp) Section 65(105)(zzzp) 9. Name, designation and address of the authorized signatory: K.L.BHATEJA (DIRECTOR) 10. I / We hereby declare that- (i) the information given in this application form is true, correct and complete in every respect and that I am authorized to sign on behalf of the exporter; (ii) no CENVAT credit of service tax paid on the specified services used for export of said goods shall be taken under the CENVAT Credit Rules, 2004; (iii) the said goods shall be exported without availing drawback of servicì¥Á q` ð ¿ † bjbjqPqP ., : : † ÿÿ ÿÿ ÿÿ ¤ 2 2 2 2 2 2 2 F î î î î lable, at the declared premises, at all reasonable time, such records for inspection and examination by the Central Excise Officer authorised in writing by the jurisdictional Assistant Commissioner of Central Excise or the Deputy Commissioner of Central Excise, as the case may be. K.L.BHATEJA DIRECOTR (Signature of authorized person with stamp) Date: 30.03.09 Place: NEW DELHI

The following service provide by the bank to the exporter is refundable under Not 41/2007-ST dated 06.10.2007

 

(i) services provided in relation to collection of export bills,

(ii) services provided in relation to export letters of credit such as advising commission, advising amendment, confirmation charges.

exporter shall produce evidence to link the use of services mentioned above for goods exported.

 



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