23 December 2008
I am working as a Free lance Customer support Engineer in India for a foreign company. The company does not have an office in India. I recieve a monthly salary from this company in foreign exchange. The amount is expected to exceed Rs. 10 Lakhs. In case it exceeds, what is my liability for the Service tax. E.g. If the amount goes to Rs. 11 Lakhs, I should pay service tax for full Rs, 11 Lakhs or on the amount exceeding Rs. 10 Lakha ie. Rs. 1 Lakh?
23 December 2008
MY FRIEND AS YOU MENTIONED IS IT THAT YOU ARE RECEIVING SALARY ? OR YOU ARE RAISING YOUR BILL FOR SERVICES TO YOUR PRINCIPALS ? PLS MAKE YOUR QUESTION CLEAR IF IT IS SALARY NO SERVICE TAX. CHANDRAKANT AMBANI 9819408963 / 9821240674 preetiambani@yahoo.com
23 December 2008
I am sorry, I made a mistake in the above. It is addressed as Salary by the Foreign company, but it against an monthly fixed invoice. The rest if the query remains the same
CAclubindia
