Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
06 June 2012Friends
Can You clarify whether Export of service is a non taxable service or exempted service.
Regards,
MAHESH GARG
(AUDIT EXECUTIVE)
(334 Points)
Replied 06 June 2012
Non Taxable services were those services that were not covered by sec. 65(105) before negative list was in force..
after issuance of negative list, the services prescribed in negative list are non taxable services.
therefore export of service cannot be said to be non taxable service
MAHESH GARG
(AUDIT EXECUTIVE)
(334 Points)
Replied 06 June 2012
for example say interior decoration service, it is covered under taxable services but consider the case when it is exported out of india then there is no ST leviable then will you consider it as non taxable service?
Answer is no.
MAHESH GARG
(AUDIT EXECUTIVE)
(334 Points)
Replied 06 June 2012
for example say interior decoration service, it is covered under taxable services but consider the case when it is exported out of india then there is no ST leviable then will you consider it as non taxable service?
Answer is no.
MAHESH GARG
(AUDIT EXECUTIVE)
(334 Points)
Replied 06 June 2012
for example say interior decoration service, it is covered under taxable services but consider the case when it is exported out of india then there is no ST leviable then will you consider it as non taxable service?
Answer is no.
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 06 June 2012
Export of service is a Non taxable service, not an exempt service.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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