Can any one tell me about the form for declaration for claiming input service tax credit refund. The company is a 100% export oriented unit. Is there anything such as a form 120 for declaration?
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Service tax input credit refund for exporters
Replies (2)
You may adopt the procedure as specified under Notification No.39/2012-ST or 41/2012-ST, as applicable.
Further to views of learned Vikas, I may add that under Rule 5 of CCR 2004 you may used Form A. But trust me, the procedure is too complicated. You need to file the refund application quarterly.
There is also a debate if any time limitation is there -- if section 11B of central excise Act is invocable or not.
You may also use notification 11/2005 and 12/2005 for claiming rebate of service tax paid on export or service tax paid on input services used for providing output service.
In form A you need to fill data for receipt of monies from foreign parties; dates of payment of input services and date of rasiing export invoice plus all supportings.
In my mind the correlation of all the three is not very easy.
Regards,
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