30 May 2013
As per notification no. 25/2012 i.e Mega Exemption notification - Point no. 34 (C) i.e "Services received from a provider of service located in a non- taxable territory by a person located in a non-taxable territory;" is exempted.
But again the Notification no. 30/2012 (point no.10) i.e Reverse Charge direct the Service receiver to pay 100% Service tax in respect of any taxable services provided or agreed to be provided by any person who is located in a non-taxable territory and received by any person located in the taxable territory
Why this Contradiction ? Please reconcile between this two
Also, Section 66A of the Act (import of Services) is eliminated after introduction of above two notification ?
CAclubindia
