15 March 2014
hi, one of my client receives direct receipts in his bank account for the work done online. Is this direct income received from out of India would be liable to service tax. can it be possible to take service tax registration in next financial year as this year is first year when his receipts crosses Rs. 10 lac. please guide.
15 March 2014
The income has been received from OUTSIDE India. Even if the person can be said to be providing a SERVICE, it will be treated as EXPORT of service which is EXEMPT from service tax.