118/12/2009-ST, Dated: 23/11/2009

Subject:   Refund of service tax paid on foreign agent commission by exporters – Notification No.18/2009 dated 07/07/2009 – clarification - Reg.         

            Representations have been received from exporters, seeking clarification whether ten per cent of free on board (FOB) value of export goods  allowed as foreign agency commission vide Notification 41/2007-ST dated 06/10/2007 as amended, has been reduced to one per cent vide Notification 18/2009-ST dated 07/07/2009 . readmore