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Servuce tax refund

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27 December 2010 There is a company which is 100 %subsidiary of a Foreign co.The company is in the bussiness of software and they 100 % export there software to the parent company in US.They also provide back office services to client.
whether the said company is entitle to claim refund of service tax paid in india as input servises ?

Please also give me link to concern notification or law.
Thanking you

27 December 2010 If payment is recived in foreign exchange, it will be treated as export of service. In this case refund of input credit is allowed.



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