Service tax on services rendered abroad

shawn (Director) (24 Points)

27 February 2012  

Hi All,

Greetings !! I run an Organization providing IT staffing services to USA & USA based companies. I have a doubt if my company is eligible to pay Service Tax where :

1. We get payment in Forex.

2. My Organization is not involved in any business in india where i serve & recieve payments from here only.

3. My clients & their organizations dont have any root or sister concerns based in india.

4. We do not apply service charge while invoicing our clients.

5. we have transacted 17 Laks in this financial year.

I tried clearing my doubt with many charted accountants, few of them say "After an amendment in ST laws, services outside india are not under ST" but  few opinions are unlike it.

Please guide

Thanks