please solve up my query
explain me abt
whether we need to pay taxes on import and export of sevices ?
3 Replies
OFFICESELVA
(Service)
(515 Points)
Replied 31 May 2008
Import of service: YES. Export of service: NO.
jinesh
(c.a.)
(23 Points)
Replied 04 June 2008
for more clarity on export of service please refer notification no.41 of service tax
MONISH BHALLA
(DIRECTOR)
(5217 Points)
Replied 04 June 2008
ANY SERVICE WHICH IS EXPORTED IS OUT OF THE PERVIEW OF SERVICE TAX WHEREAS AS PER THE TAXATION OF SERVICES (PROVIDED FROM OUTSIDE INDIA AND RECD IN INDIA ) RULES 2006 , THE IMPORTS OF SERVICES IS SUBJECTED TO TAX , PROVIDED THAT ITS A TAXABLE SERVICE .
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