12 December 2010
Mr. A providing software bachend service to his client on retainership basis, who is situated outside Indian territory, in consideration of a convertible Forex. Having contract value of more than the threshold limit of Rs. 10L.
Is he required to get himself registered with the ST auth, and if yes under which service catagory?
Is there any further registration required for him under export rules?
12 December 2010
there is no liability as software services are recepient based and the consideration is in convertible foreign exchange. Therefore no need to register.
CAclubindia
