Export and domestic turnover

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Dipjyoti Majumdar

CA in service & CS. dipmaj@

3488 Points Joined June 2011

The Company's entire turnover of service in FY 12-13 was exports. It has exported service in FY 13-14 till date. It has also provided service to Indian companies this FY 13-14 and the local turnver is less than 10 lakhs till now. Should service tax be charged on local invoices. ?

Regards,

Replies (1)

Prashanth S K

Practice

148 Points Joined October 2009

The turnover of Rs 10 lakhs must be from the taxable services provided in the previous year and as per Sec 66B export of services is not taxable on satisfying certain conditions.