Is softex mandatory for software consulting or services?
This query is : Resolved
10 October 2011
Hello!
My company is registered under Service Tax
We are not under STPI
We have a client on whom we Invoice more than 75,000 Swiss Franks every month on account of consulting and support services. We do not build any application and export software applications of products to them...it is pure services
Questions:
1. In order to receive the money from the client, what are the formalities?
2. Is Softex Form mandatory? (as we are not registered under STPI)
3. How do we repor this to regulatory bodies...viz., do we need to file TR1 or TR13 forms?
Kindly advice
Thanks
My company is registered under Service Tax
We are not under STPI
We have a client on whom we Invoice more than 75,000 Swiss Franks every month on account of consulting and support services. We do not build any application and export software applications of products to them...it is pure services
Questions:
1. In order to receive the money from the client, what are the formalities?
2. Is Softex Form mandatory? (as we are not registered under STPI)
3. How do we repor this to regulatory bodies...viz., do we need to file TR1 or TR13 forms?
Kindly advice
Thanks
18 October 2011
Hi Vijay,
Filing of Softex form is not required. Also you need to have Import Export Code and file regular service tax returns.
Also go through export of service rules.
Filing of Softex form is not required. Also you need to have Import Export Code and file regular service tax returns.
Also go through export of service rules.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Confusion around Form 26QB fields
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
