10 October 2011
One of the party get a work order for construction of a Factory building in SEZ Surat, They are liable to pay service tax or entitle to get exeption from service tax. Is there any Service tax Circular/notifiacation. Moreover they shall get cenvat credit or entitle to exemption from input service used for providing output services to SEZ.
10 October 2011
Taxable services wholly consumed within the SEZ are exempt from ST as long as service in apporved list. Input service credits for provding such credits available for set off against other domestic service tax payable.