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Advance remittence incase of service exporters

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(Querist)
08 September 2012

can service exporters receive advance remittance against export invoices from their associated enterprise located abroad?
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CA Suresh Jain

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CA Suresh Jain (Expert)
09 September 2012 There is no restriction on receiving advance from service to be exported. The service tax, if applicable, is payable on receipt of payment of raising the invoice which ever is earlier.
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