Friends
My company exported service to foreign client. As export is tax exempt under Export of Service Rules 2005, no service tax has been charged on the invoice.
The foreign party has not paid the export receivables within 1 year of date of export which is one of the essential conditions to qualify as export services. So, will the export service be deemed to be domestic service and service tax be charged and paid to CG.
Look forward to your views.
Regards,
Dipjyoti
My company exported service to foreign client. As export is tax exempt under Export of Service Rules 2005, no service tax has been charged on the invoice.
The foreign party has not paid the export receivables within 1 year of date of export which is one of the essential conditions to qualify as export services. So, will the export service be deemed to be domestic service and service tax be charged and paid to CG.
Look forward to your views.
Regards,
Dipjyoti
CAclubindia
