Service tax for export of software services from 01.07.2012

Devanand Sharma (Executive) (44 Points)

17 July 2012  

We run a small software firm in India which exports software services to abroad. I have heard that there have been changes in the Service Tax rules since 01.07.2012. Earlier all software services exported were exempted of Service Tax. I wanted to know if the new rule imposes Service Tax on export of software service, if so, what is the percentage? Any guidance is appreciated.