Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Service tax

17 October 2010

Suppose i provide services in relation to immovable property which is located outside India.& i received consideration in Indian currency.

So my question is that whether this will tantamount to Export of Service under service tax export Rule 2005

Please reply as earliest possible.

Thanks in Advance

Reply
Follow
Share

4 Replies

Azim Khan ACA,CS,CMA*,LLB* (Proprietor) (1312 Points)
Replied 17 October 2010

A taxable service shall be treated as Export of service if-

Such service is provided from india and used outside india

AND

Payment of such service is received in CONVERTIBLE FOREIGN exchange.

CBEC circlular no. 111/05/2009.

Regards

Upgrade to CAclubindia Pro. Subscribe Now!

C.A. LINESH PATIL (CA) (910 Points)
Replied 17 October 2010

But sir i am referring a book in which they say if services is provided in relation to a immovable assets which is located outside India,it shall be treated as export of service irrespective that payment is being received in Indian currency.

Please clarify me soon .

C.A. LINESH PATIL (CA) (910 Points)
Replied 17 October 2010

But sir i am referring a book in which they say if services is provided in relation to a immovable property which is located outside India,it shall be treated as export of service irrespective that payment is being received in Indian currency.

Please clarify me soon .

CA Punit (CA) (1775 Points)
Replied 18 October 2010

It is an export of service indeed

but for the purpose of service tax it will not be treated as export for claiming exemption, since the payment is not received in convertible forex......