Refund of service tax to exporters through the Indian Customs EDI System (ICES)

Refund of service tax to exporters through the Indian Customs EDI System (ICES) - Schedule of Rates and application form for claiming the refund notified

A simplified scheme for electronic refunds of service tax to exporters vide has been introduced by the CBEC vide Circular No. 149/18/2011-ST dated 16.12.2011 on the lines of duty drawback.  In the new scheme, exporters will have to either opt for electronic refund through ICES system, which is based on the 'schedule of rates' or go for refund on the basis of documents, by approaching the Central Excise/Service Tax formations.