Clarification on taxation and regulatory formalities

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Vijay (Querist)
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10 October 2011 Hello!

My company is registered under Service Tax
We are not under STPI
We have a client on whom we Invoice more than 75,000 Swiss Franks every month on account of consulting and support services. We do not build any application and export software applications of products to them...it is pure services

Questions:
1. In order to receive the money from the client, what are the formalities?
2. Is Softex Form mandatory? (as we are not registered under STPI)
3. How do we repor this to regulatory bodies...viz., do we need to file TR1 or TR13 forms?

Kindly advice

Thanks

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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10 October 2011 Under service tax there may notbe liability since the services are in nature ofconsultancy/ business support which are both recepient based. As long as the CFE are recived, the exclusion from paying ST is allowed.

Vijay

Vijay (Querist)
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10 October 2011 Thanks and appreciated Sir

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