We are a Call Center.
We sell service to the USA customers online over the Phone.
They pay us to our USA bank Account .
We get Wire.
Are we liable to pay service tax ?
{ I pay Income Tax on the Wire Amount , as per balance sheet }
Sushant (Executive) (106 Points)
16 June 2010We are a Call Center.
We sell service to the USA customers online over the Phone.
They pay us to our USA bank Account .
We get Wire.
Are we liable to pay service tax ?
{ I pay Income Tax on the Wire Amount , as per balance sheet }
Jeevesh Mehta
(Advocate- Corporate Commercial & Indirect Tax Advisory)
(861 Points)
Replied 16 June 2010
Please clarify meaning of Wire?
Sushant
(Executive)
(106 Points)
Replied 16 June 2010
Wire Means Bank Wire.
Getting Money from Foreign via RBI.
Jeevesh Mehta
(Advocate- Corporate Commercial & Indirect Tax Advisory)
(861 Points)
Replied 16 June 2010
HI,
BPO service provided from India and received outside India and the Payment received in convertible foreign exchange.
If the above conditions are satisfied then it is an Export of service and no service tax is payable on such services .
Regards
EKALABYA TALUKDAR
(SERVICE TAX CONSULTANT)
(666 Points)
Replied 16 June 2010
Originally posted by : Sushant | ||
We are a Call Center. We sell service to the USA customers online over the Phone. They pay us to our USA bank Account . We get Wire. Are we liable to pay service tax ? { I pay Income Tax on the Wire Amount , as per balance sheet } |
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PLEASE GO THROUG THE FOLLOWING LINK, YOU WILL GET YOUR ALL ANSWER.
https://servicetax.gov.in/exp-service-rule.htm
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