15 November 2012
My Client is a software developer in India (Proprietorship concern). They entered into Memorandum with the UK company for rendering services and the 4500 $ is paid every month. the client does not raise any Invoice to the UK company. Can anyone analyse the service tax applicability on this ??
15 November 2012
FRIEND THEN ON WHAT BEHALF THEY PEOPLE ARE PAYING TO UR CLIENT.THERE MUST BE SOME BILL OR INVOICE ON THE BASIS OF WHICH THEY ARE PAYING YOU.NO MATTER UR CLIENT HAVE NOT TO PAY ANY TAX AS EXPORT OF SERVICES ARE TAX FREE.
15 November 2012
Thanks for the reply. They are not raising invoice. Rather they get paid as per the terms of memorandam. Is bill or invoice compulsory for this situation ?? Kindly clarify