Commission on Services outside India
This query is : Resolved
28 March 2009
We have rendered Services outside India. We have raised a bill of Rs. 10 Lacs to the Outside India party.
Payment of the same is also received.
Should we pay Service Tax to the Dept? How much?
Payment of the same is also received.
Should we pay Service Tax to the Dept? How much?
28 March 2009
Since you have rendered services outside india and if you have received the amount in convertiable foreign exchange and in FIRC if it has been mentioned clearly that the amount is for the Bill for services rendered or reference bill no which matches with your service bill then you need not pay service tax. It will fall under export of services. and this is exempt under the purview of service tax.
Since you have rendered services outside india and if you have received the amount in convertiable foreign exchange and in FIRC if it has been mentioned clearly that the amount is for the Bill for services rendered or reference bill no which matches with your service bill then you need not pay service tax. It will fall under export of services. and this is exempt under the purview of service tax.
29 March 2009
The Export rules are amply clear on the subject. The following conditions needs to be fulfilled
1.For exports- Services provided from india and used outside India & payment is received in convertible foreign exchange by the service provider
2.Service is in relation to Business or Commerce & Recipient located outside India; in any other case recipient should be outside india at the time of receipt of service
3.The service should be Partly performed outside India
1.For exports- Services provided from india and used outside India & payment is received in convertible foreign exchange by the service provider
2.Service is in relation to Business or Commerce & Recipient located outside India; in any other case recipient should be outside india at the time of receipt of service
3.The service should be Partly performed outside India
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
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- ITR 6 Schedule CFL and UD Issues
- FREELANCING ACCOUNTANT
- Income Type for interest from government bonds
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- TDS RATE ON RENT PAID TO NRI
- Gstr 9 2023-24
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
