26 August 2008
One of our Client intends to start a business of providing the accomadation booking in foreign countries, booking amount will be collected fully on behalf of the foreign hotels, booking amount will be received in Indian Rupees and Foreign Currency,
Kindly clarify whether this transaction attracts service tax, if that is the case what is the rate of tax, if it doesnt attract service tax what is the exemption and under which clause of the act
u have to not paid service tax to the party but u have directly deposited in govt. threw service tax challan and taken the credit on the basis of this challan or claim the refund.
CAclubindia
