Service tax applicability
This query is : Resolved
08 May 2012
i have provided the services to the foriengn company in india as installing there machines which manufactures & import from outside.& i get the payment from other country in foreign currency, therefore in this case do i need to pay service tax ?????
08 May 2012
It appears that in above case you have provided erection, commissioning or installation services in India in respect of P&E imported into India. Means you have not performed any services outside India. As per export of service rules, if the above services are performed outside India either partly or fully then it shall be considered as export of services. But in your case it appears that you have provided services in India only. Therefore, you have to deposit service tax irrespective of the fact that you have received payment in foreign currency.
08 May 2012
In above condition we will not considered the service tax applicable limit of Rs. 10 Lakh.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- SHARE TRANSFER PRIVATE LIMITED COMPANY
- Car Purchases in Daughter Name
- Invoicing in different currency
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
