Hi
which all export services are exempt from service tax?
or those export services which are taxable?
any link through which i may get to know about the same.
Shranik Baradia (Industrial Trainee) (107 Points)
22 October 2010Hi
which all export services are exempt from service tax?
or those export services which are taxable?
any link through which i may get to know about the same.
Jeevesh Mehta
(Advocate- Corporate Commercial & Indirect Tax Advisory)
(861 Points)
Replied 23 October 2010
Dear,
All export of services are exempt from payment of service tax where in the services are to be provided from india and received outside india and the payment is received in convertible foreign exchange.
Regards
Jeevesh Mehta
9811617186
Indirect Tax Consultant
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 23 October 2010
The reply by Mr.Javeesh is incorrect. Not all export services are exempt.
Some services require the Immovable property to be located outside India, some the performance of the service [ physically and in some exceptional cases remotely] and some that the recepient is outside i+ condition of money in CFE.
Please see any article or book for detailed list. Also see in artcile section in online book - understanding ST concepts.
Jeevesh Mehta
(Advocate- Corporate Commercial & Indirect Tax Advisory)
(861 Points)
Replied 24 October 2010
Thanks Mr Hiregange for clarifying more elaboratly.
Regards
Take Care.
SANJAY THAKOR
(MANAGER-FINANCE)
(68 Points)
Replied 24 October 2010
I agree with Mr. Madhukar. You have to refer the list from Service Tax book, chapter - Export of Service. There are Three list of Services.
Conditions for Export of Services ....
I. The Service is performed, either fully or partly, out side India
II. Such Service is provided from India, and in addition is used out side India
III. Payment for such Service is received by the service provider in convertible foreign exchange.
Thanks.
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