Subscribe to BCA Journal Know More

May 2008

Refund of Service Tax paid on taxable services : Instruction F. No. 341/15/2007-TRU, dated 17-4-2008.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Chartered Accountants
Reading Time 1 mins
fiogf49gjkf0d

New Page 1

26 Refund of Service Tax paid on taxable
services : Instruction F. No. 341/15/2007-TRU, dated 17-4-2008.


The Board has issued instructions for refund claims of
Service Tax paid on taxable services which could be attributable to exports, but
which are not input services, stating that the refund claims need to be
processed within 30 days of filing of the application by the exporter. In case
it is not processed within the set time limit, the matter needs to be reported
by the Commissioners to the Chief Commissioners in prescribed format by 10th of
every month. Further in case the matter is not settled within 45 days of filing,
then the matter needs to be escalated to the Member (Service Tax).

Download PDF

You May Also Like

Clarification regarding Service Tax Refund for export of services : Policy Circular No. 1 (RE-08)/2004-2009, dated 11-4-2008.

Uncertainty over CST rate cut : Maharashtra Govt. asks dealers to continue collecting 3% on interstate sales : Trade Circular No. 14T of 2008, dated 15-4-2008.