Billing and Service Tax

This query is : Resolved

S. Anand (Querist)
Follow

07 May 2009 Dear Sir,
We are to provide laiason and logistic support services for a foreign company.
a) Can we raise an invoice in USD to the foreign company.

b) Is service Tax @ 10.3% applicable.

Regards
S. Anand

Sreenath

Sreenath (Expert)
Follow

07 May 2009 Export services are exempted from sevice tax in India

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

07 May 2009 a) Yes.
b) If such services are provided from India and used outside India AND payment of such services are received by the service provider in convertible foreign exchange then such services are called EXPORT OF SERVICES. Accordingly, if your case satisfies the above conditions,being an export of service you may export without charging/paying service tax.

S. Anand

S. Anand (Querist)
Follow

08 May 2009 Dear Sir,
Thank you very much.
to put in a more elaborate manner:

a) We are entering into an commission agreement with a foreign company X.

b) X Company which out of country has to supply certain materials for the purpose of installation to Y company in india.

c) We are to take care of support services regarding logistics, payment, etc... on behalf of X company in india.

d) Invoice will be raised on X Company by us.

MY QUERIES ARE:
1) Can we raise the invoice in Foreign currency.

2) Is service tax applicable.

3) Will X company deduct tax and pay the balance while remitting the amount to us.

Regards
S. Anand

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SHYAM SUNDER GULATI

ARUP BHATTACHARYA

Ahamed Kabeer

CA Jyoti Singh

Nayan shetty

Subscribe Now

Billing and Service Tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA