Sourabh Katiyar (-) (111 Points)
14 June 2014Hi Freinds and Seniors,
I want to know whether service tax is levied on export of service or not.
If not then please tell me the Notification No. for the Exemption.
My client is providing service of BPO to a Foreign Co. and payment is also received in Foreign Currency.
JAINENDRA JAIN
(ACS/CA)
(1668 Points)
Replied 14 June 2014
service tax is not levid on export of service .
as charging section itself says service needs to be provided in taxable territory to be liable for service tax.
You can also claim rebate on Input credit used in providing such services.
Sourabh Katiyar
(-)
(111 Points)
Replied 14 June 2014
thanks,,,
should i need to file the return, and what is the notification number for exemption please
JAINENDRA JAIN
(ACS/CA)
(1668 Points)
Replied 14 June 2014
for filling of return following person are bound to file their return :
1) every person who is liable to pay service tax
2) an input service distributor
3) a person whose value of taxable service exceeds rs 900000/- during the financial year.
if you satisfy above requierments than you have to manditorily file your service tax returns.
if not than depends upon you.
however in order to claim rebate its better to file ur return and other documents as requiered under export rules.
CAclubindia
