Chargeability of service tax on export

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 August 2011 hi i am having query on export of service, i have provided service in abroad and billed dated 31st march 2011,and we are likely to received payment in the next month(sept)so i just want to know whether i have to paid any service tax on that since we have not charge service tax when we had billed since it was export of service and it is exempt,se whether we are liable to pay service tax on amt received on next month or not, plz reply it is urgednt

U S Sharma

U S Sharma (Expert)
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16 August 2011 billed dated 31-03-2011 means service provided in year ended march 2011, hence the payment only is due under sundry debtors (bills receivable) but the turnover is booked in the year of billing.

export of services is exempt from service tax provided 1) services so provided are consumed out of india 2) payment is received in convertible foreign exchange through proper banking channels.