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'EOUs can count exports through third party towards DTA sales entitlement'

As per Rule 3 of the Place of Provision of Services Rules, 2012, the Place of Provision of Services is Finland, the place where the service receiver is located

Reconciling of rules on SEZs

New drawback rates disappoint business

The Union finance ministry has notified the revised All Industry Rates (AIR) for duty drawback though notification 98/2013-Customs (NT) dated September 14

'Service tax is levied on all services other than those specified in negative list'

You can ask the DTA buyer to give you an authority to file a Bill of Entry on his behalf and also give you the EPCG licence along with the Release Advice from the port of registration

Getting law to spot job work

Cussed nonsense in excise rebates

'No bar on second-hand capital goods import under project import regulations'

You may obtain the permission of your Assistant/Deputy Commissioner of Central Excise to clear the scrap on duty payment from the job-worker's factory, in accordance with Rule 4(6) of Cenvat Credit Ru

'Supplies to EOUs or projects through bidding qualify for duty drawback'

Excise duty has to be paid by manufacturers on moveable and marketable goods manufactured in India (other than SEZs), that are mentioned in the Central Excise Tariff

Not enough to revive SEZs?

'Providers of services to clients abroad must pay service tax'

Supplies to World Bank-funded projects are eligible for deemed export benefits if the supply is against international competitive bidding

'SHIS can be used to regularise default under advance authorisation scheme'

As per Para 9.35 of FTP, a "managed hotel" means hotels managed by a three star or above hotel/ hotel chain under an operating management contract for a duration of at least three years between the op

Exchange rate issues in export

Ease duty payback for benefit of exporters

'No bar on using SHIS scrip to pay duty on imported second-hand capital goods'

You may ask your bank to issue a certificate regarding the exchange rate prevalent on the date you received the inward remittance from your customer

New tax refund norms for specified services

The earlier notification (now superseded) allowed such ab initio exemption of tax on services wholly consumed within the SEZ

Promising move to hasten clearances

'Sub-agents of travel agents who don't earn forex are not entitled to SFIS'

Your services as sub-agent of a travel agent will not entitle you to SFIS, where you do not earn any foreign currency

Do a better job in drafting rules

Recent changes in export rules

'Deemed export benefits available for supply of goods, not service deals'