Exports – Rebate by way of refund of Service Tax – Notification No. 41/2012 –ST amended
CBEC vide Notification No. 01/2016-Service Tax, Dated: February 03, 2016 has amended Notification No. 41/2012 – ST, Dated: June 29, 2012 so as to allow refund of service tax on services used beyond the factory or any other place or premises of production or manufacture of the said goods for the export of the said goods and to increase the refund amount commensurate to the increased service tax rate.
The schedule of rebate has been revised as follows:
| S. No. | Old Rates | New Rates |
| 0.04 | 0.05 | |
| 0.06 | 0.07 | |
| 0.08 | 0.09 | |
| 0.12 | 0.14 | |
| 0.18 | 0.21 | |
| 0.20 | 0.23 |
[Notification No. 01/2016-Service Tax, Dated: February 03, 2016]