14 June 2016
A partnership firm situated in India as software development center, its head office situated in dubai and all their clients are in gulf countries, they are developing softwares for their clients and deliver to them, all marketing and sales activities are doing from dubai. Indian firm getting fund from dubai head office only to meet their salary expenses and administrative expenses, there is no profit for this firm. They act as a back-end development center and registered as partnership firm. my question is how the taxability works on it? and is it come under service tax ? can we treat their service as export of service?
CAclubindia
