Abatement chart under service tax

Abatement means reduction or decrease of amount from taxable value of services. Service provider has to pay service tax after arriving at appropriate value of service as per section 67 of Finance Act, 1994 read with the Service Tax (Determination of Value) Rules, 2006. The Government can provide for … [Read more...]

Refund of Service Tax

Section 83 of the Finance Act, 1994 makes certain provisions of the Central Excise Act, 1944 (CEA) applicable to service tax. Section 11B of CEA provides for refund which is also applicable to refunds of service tax. Claim of refund of service tax should be filed in the prescribed format; i.e. in … [Read more...]

All about H Form for exporter

What is H form?  H form is the certificate issued by Sales tax/ VAT department as proof of export. Who can apply H form? Only register dealer who exports the goods outside Indian can get H form. What is use of H form? State sales tax is applicable when goods sold in the state. Central sales tax … [Read more...]