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I did my graduation from IIT Delhi and Post Graduate Diploma in Supply Chain and Logistics from LIBA Chennai.Worked five years in the BHEL then fifteen years in Revenue Department .Currently practicing as Indirect Tax Consultant in Service Tax, Excise and Customs.

Thursday, November 22, 2007

Refund of service tax to 100% EOU

On any taxable service ,you have to pay service tax.But being the 100%EOU ,you can get refund of these input taxable services under Rule 5 of Cenvat credit,2004.There is a Delhi Tribunal order to support this.

2 comments:

Venkat said...

"If BPO services are exported, refund of all input taxes is available to the BPO because those services would otherwise be taxable in India. However, if software consultancy services are exported, no refund of input taxes is available because software services are not on the list of taxable services"

We are exporting BPO Services. Can any one pls help me by Providing the PROCEDURE to be FOLLOWED to file the application for REFUND (various FORMS and DOCS to be submitted) with the Service Tax Authorities and the due dates/ time lines accordingly.-------------- I NEED IT ASAP.

Venkat said...

"If BPO services are exported, refund of all input taxes is available to the BPO because those services would otherwise be taxable in India. However, if software consultancy services are exported, no refund of input taxes is available because software services are not on the list of taxable services"

We are exporting BPO Services. Can any one pls help me by Providing the PROCEDURE to be FOLLOWED to file the application for REFUND (various FORMS and DOCS to be submitted) with the Service Tax Authorities and the due dates/ time lines accordingly.-------------- I NEED IT ASAP.