20 May 2013
We are the exporter of Chemicals. We purchase input and pay service tax on transport under reverse charge. Can we claim exemption of this service tax under benefit of export or claim rebate. If yes what is the formalities we should comply for the claim of this exemption/rebate.
21 May 2013
For exporters there are a number of benefits 1. Duty drawback of customs 2. Duty drawback of customs + CE 3. Not 41/12- Post removal service tax paid - drawback @ different rates for the products 4. At times rebate of credit availed [ ensure no other benefit has any condition for restriction] 5. Focus product scheme [ see if applicable to the chemical] 6. Focus market scheme [ see where exported. 7. Last year there was a 2% Jan to march13 incremental export benefit scheme. Each has a long list. Advisable to get a good commentary.