Refund of Duty

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

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Refund of service tax to 100% EOU

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REFUND OF DUTY

With increasing globalisation , formation of regional trade block,changing duty,classification and pricing of goods has increased complexity of Indirect taxation.Many times excess duty are paid by the importing and exporting communities

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