Sir. My client is doing medical transcription service. Is this considered as export and get exemption. The client is getting payment from a Indian company.
Related question posted by me and ans for this . SIVA One of my clients whose gross income from medical transcription has crossed 10,00,000 for the year 2009-10. Heard that this service is exempted from tax vide Notification No. 8 /2003 - Service Tax dt 20th June, 2003.
My question is whether this client should take registration under service tax and file ST return.
ANSWER 1. CA Shailesh Kumar Bhagat Whenever , the service income reaches to 9 lakhs , service tax registration is must.
Your client should take reg. pay tax on above 10 lakhs amount, and also file the return.
2. Madhukar N Hiregange I do not find not/8/2003 vaid today. I think it was withdrawn soem time back. Therefore provided that his pr yr. 2008-09 value fo taxable servcies did not exceed Rs. 10 lakhs he would be eligible for 10 lakhs exemption on receipt basis. After that the ST would be payable.
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