Applicability of service tax to STPI/100%EOU Units
This query is : Resolved
14 June 2008
As per India's foreign trade policy as applicable to STP and EOU units these units are exempt from payment of service tax.
https://dgftcom.nic.in/exim/2000/policy/chap-06.htm
Does it mean that one should not charge service tax on the bill amount of services provided to these units and will these services include Rent, Audit fees and other professional services too?
https://dgftcom.nic.in/exim/2000/policy/chap-06.htm
Does it mean that one should not charge service tax on the bill amount of services provided to these units and will these services include Rent, Audit fees and other professional services too?
CA Anand Sarda
(Expert)
20 June 2008
STPI and EOU are exempt from service tax means they need not collect and pay service tax to the govt on the services provided by them and people who r providing services to these entities should not charge service tax to them.
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