Claim service Tax paid to Bills
Claim service Tax paid to Bills denotes the refund of the service tax paid. A Service tax is an indirect tax that is levied for various specific services according to the Finance Act of 1994. There are totally 96 services currently under this tax net. This tax is levied at a uniform rate of 12.24 percent according to the Finance Bill, 2006.
But in case of exporters, this Claim service Tax paid to Bills is being rejected by the service tax department on some of the legal reasons. It is being done because of the technique handled by the exporters. They hand over the shipments that are exported to the freight forwarders. These forwarders in turn give the consignments to the shipping lines.
At last the service tax is paid by the shipping lines for various port services and the important taxable services offered. They are paid at the time of consignment clearance. Claim service Tax paid to Bills is under the name of the shipping lines and it act as the consolidated bill for further shipments. Thus, the credit on these tax paid is enjoyed by the shipping lines which raise it to the freight forwarders that enjoy the total credit. Finally, this raised bill is the service tax that is paid under the Business Support Service.
Claim service Tax paid to Bills can also be done in case of the telephone bills and it is a one time payment which is basically designed depending on either long – distance or else bundled service. This refund or claim is available for all who have paid there taxes for landline, wireless, or even VoIP service which means Voice over Internet Protocol. Any single person or a non-profit organization have eligibility to request for the claim on the service tax paid on telephone bill only if they would have paid there tax under long distance or bundled service after the year 2003 by the month of February.