Nikhil (CA FINAL CLEARED GRP 1) (86 Points)
14 June 2012
Dear Colleagues,
Is service tax chargeable on foreign remittance?
Eg: There is an event managemnt company. It gets its fees from Indian countries. The services, however, is provided in foreign countrie only. Is the amount chargeable to service tax??
If we consider the export of service then in that remittence must be in foreign currency, but in this case amt received in Indian currency.
Reply Soon
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 14 June 2012
Service provided in foreign country and receipt of payment for services in foreign exchange both condition should be fulfiled for export of service. No service tax is payable if service is exported.
ashok
(partner)
(23 Points)
Replied 14 June 2012
| Originally posted by : Arun Kumar Singh | ||
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Service provided in foreign country and receipt of payment for services in foreign exchange both condition should be fulfiled for export of service. No service tax is payable if service is exported. |
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respected sir/madam,
I run a playschool and give tuitions to childrens upto sixth std student is i am applicable for sevice-tax
awaiting for ur early reply
thanks
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 15 June 2012
| Originally posted by : ashok | ||
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respected sir/madam, I run a playschool and give tuitions to childrens upto sixth std student is i am applicable for sevice-tax awaiting for ur early reply thanks |
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if your play school is affilated to any state/central board and conduct exams with board, then its exempted , otherwise its subjected to payment of service tax.
Thameesudeen
(Human Resources Manager)
(21 Points)
Replied 01 July 2012
I am a freelance recruiter and I am paid recruitment fees by Executive Search Organisations based out of India for hiring people from any part of the world.Do I need to pay service charge for the remitance from abroad which I receive from my clients?
Arun Kumar Singh
(GST Advocate)
(15220 Points)
Replied 04 July 2012
Dear Thameesudeen,
Freelance recruiter service provided by you will be export of service and no service tax on export of service, payment should be receipt in convertable foreign corency.
Ajit kumar Dubey
(Taxation Manager)
(637 Points)
Replied 04 July 2012
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