05 March 2012
If i m service provider in india & exported some services but amount received in indian currency so will it be considered as export of services & i will get exemption from paying service tax. pls provide some written proof its urgent
05 March 2012
Receipt of amount pertaining to export of services should be in convertible foreign currency. This is one of the primary condition to claim benefit of not collecting and paying of ST on export of services.In your case, as you are receiving the amount in Indian Currency, you cannot claim the above benefit. You can to collect and pay ST on export of services being rendered by you.