30 December 2013
100 % export oriented units . Transportation exp. paid. under reverse charge partnership firms are required to get service tax registration . In case of export firm service tax is refundable from service tax department. What should be done.
31 December 2013
Dear Sir 1.As per rule 2(1)(d)(i)(B) of Service tax Rules,if the person liable to pay freight is a partneship firm,service tax shall be paid by it i.e. reverse charge.Therefore get registerd under service tax as service receiver. 2.As per Explanation to Rule 3(4) of CCr,2004,service tax under reverse charge has to be paid in cash. 3.Cenvat credit of the service tax so paid is available.Since yours is a 100% EOU,you can claim refund under rule 5 of CCR.
31 December 2013
Sir you may also refer to notification no. 52/2011 of service tax which provides a detailed list of specified services used in export of goods and the procedure to claim refund.
CAclubindia
