Poonawalla fincorps
Poonawalla fincorps

Import of services

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 September 2012 DEAR ALL
ON WHICH VALUE WE SHOULD PAY SERVICE TAX IN CASE OF IMPORT OF SERVICES,

1) WHETHER ON THE VALUE ON WHICH WE ARE BOOKING THE INVOICE IN FOREIGN CURRENCY TAKING AVERAGE RATE AS DECLARED BY CUSTOMS EVERY MONTH

2) OR ON THE ACTUAL VALUE WHICH WE WILL PAY TO THE FOREIGN PARTY ON DUE DATE OF PAYMENT AS PER SPOT RATE OF FOREIGN CURRENCY AT THE TIME OF PAYMENT.


REGARDS,

GAURAV G BADWE
Profile Image

Arun Kumar Singh

Profile Image

Arun Kumar Singh (Expert)
25 September 2012 you will pay the service tax on the invoice value.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links