My firm comes under IT and ITES. Currently all the transactions of service export are provided to foreign company. So while registering for Service Tax what should I file as New Assessee or Non-Assessee
Since in future there may be services provided to indian companies too but that wont extend 9 lakh in a year.
01 October 2012
New Assesee. Since you would be claiming the capital goods, inputs andinput service credits the ST on local work wouldhave tobe discharged wiuthout claiming the 10 lakhs exemption.
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