29 July 2009
Message 1.I am working with an S/W Company 100% EOU, registered under STPI & Service Tax, whether company can claim refund of Service tax paid on input services? 2. If both Local Taxable Services and Export Services are there then what will be the refund criteria. 3. How cenvat credit will be availed against local services?
Provided, 1. we are not making seperate books of accounts. 2. Most of the input services are used both for domestic as well as export of services.
30 July 2009
The cenvat credit of central excise duty paid on capital goods [ networking equipment/. computers]and inputs if any is available along with the service tax on input services used for provding the services or business. The accumulated amount can beused for payment of the ST on local services and the balance if any can be examined to be claimed as refund/ rebate.