notification in the
Official Gazette:
Refund amount = (Export turnover of goods+ Export turnover of services) x Net CENVAT credit
Total turnover
Where,-
(A) "Refund ... following manner, namely:-
Export turnover of services = payments received during the relevant period for
export services + export services whose provision has been completed for which
following manner,
namely:--
Export turnover of services = payments received during
the relevant period for export services + export services
whose provision has been completed for which ... period including exempted goods, dutiable goods
and excisable goods exported;
(b) export turnover of services determined in terms
of clause (D) of sub-rule
export turnover in ST-3 returns is a procedural lapse and does not alter the fact of export turnover of the services. He also relied ... following manner, namely:-
Export turnover of services = payments received during the relevant period for export services + export services whose provision has been completed for which
Board by notification in the Official Gazette :
(Export turnover of goods +
Refund Net CENVAT
= Export turnover of services) ×
amount Total turnover credit
Where ... following manner, namely :-
Export turnover of services = payments received during the
relevant period for export services + export services whose
provision has been completed for which
business of rendering engineering design
services, software services, sourcing support services, back office accounting
and contract R & D services required for Renault and Nissan ... excluded from Export Turnover.
Therefore the AO is directed to delete the exclusion of following foreign
exchange expenditure from the export turnover of the business
charges from the 'export
turnover' is possible only when the same has been included in 'export
turnover'.
The Ld. counsels further ... below.
Let us refer to how export turnover is defined here. The definition
of expression "Export turnover" has been given in clause
export turnover to the total
turnover for the given period to which the claim relates,
i.e.,
Maximum service tax paid on X Export
=
refund ... turnover" means the sum total of the value of,-
(i) all output services and exempted services provided,
including the value of services exported
from the Export Turnover as well as Total Turnover.
Hence, the same must be reduced from the Export Turnover
and Total Turnover while computing ... export turnover' as well as the 'total turnover'. And accordingly, the
AO reduced the above amount from both the 'export turnover
turnover”.
Export turnover is a component of total turnover. If the
entire turnover represents export proceeds, then the export
turnover and the total turnover ... denominator as well
because export turnover is always a component of total
turnover.
Export Turnover/Total Turnover/Business:
Form 56F prescribes the report under Section
electronic mail, voice mail, data services, audio text services, video text services, radio paging and cellular mobile telephone services) which is made available to users ... Central Goods and Services Tax Act" means the Central Goods and Services Tax Act, 2017; (112) "turnover in State" or "turnover in Union territory" means
