Upendra Sharma (Partner) (39 Points)
10 January 2013
I hold a LLP in India and seek to provide services across the Globe. What are the registrations that I need to obtain before I start exporting of services and what are the other formalities that one needs to be completed before starting business abroad.
I have some assignments from USA and UK where I am starting to provide my services officially under my LLP.
Please revert urgently.
Natesh Navada
(Chartered Accountant)
(149 Points)
Replied 16 January 2013
Dear Arun Sharma,
Export of services is exempted from service tax. If you are providing services in India as well as exporting them, then you need to have a service tax registration. Also you need to obtain various permissions from RBI for inward remittances of foreign currency.
Natesh.K.N
CAclubindia
