Servce tax on foregn exchange conversion

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sheela Aryal

sheela Aryal (Querist)
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15 February 2014 2800$ has been purchased @65.4 from foreign exchange company,help me to find service tax on it??

CA. RAGHAV GARG

CA. RAGHAV GARG (Expert)
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15 February 2014 Either Pay 12.36% on Diff between RBI Rate at that time and INR65.40 or pay Rs. 170 as per Rule 6 for Payment of Service Tax of The Service Tax Rules, 1994.

For Garg Garg & Associates
Raghav Garg

www.ggassociates.in
raghav@ggassociates.in

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