How the new notification 52/2011 will affect the provisions of refund of service tax to exporters of goods.
CA. Rachna Parashar (partner) (196 Points)
08 January 2012How the new notification 52/2011 will affect the provisions of refund of service tax to exporters of goods.
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 09 January 2012
You can claim refund as a percentage of FOB value of export goods through EDI of Customs. The electronic shipping bill shall conatin necessary declarations. Refund will go to your bank account. Alternatively, the old scheme of refund through AC of Central Excise is also there. For this documenation is difficult.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 09 January 2012
Now the Various exporer generate the export -import executive , and as far as i understand documentation is also lenghty,
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