Read more at: /experts/how-do-i-get-service-tax-refund-without-firc-2450454.asp
Read more at: /experts/how-do-i-get-service-tax-refund-without-firc-2450454.asp
Srikanth Shet (4 Points)
15 March 2017
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 15 March 2017
FIRC will not be given even when you receive any amount from IRAN when we do exports in such cases ask the bank to give a letter that such and such money has been received from abroad for claiming the refund
Srikanth Shet
(4 Points)
Replied 15 March 2017
Bank has given the letter that they received the amount from Payoneer. But the service tax officer told that , in their export rule without FIRC they cant issue the refund.
I have appeal to commisioner for this matter.
pdgoenka
(Dy Mgr)
(123 Points)
Replied 18 March 2017
Bank will issue FIRC when you receive convertible foreign currency in your a/c.
In your case, Payoneer have received foreign currency. Therefore, you can not derive benefits of ST refund.
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