Convertible foreign exchange
This query is : Resolved
12 July 2016
Hello,
Can any one tell me that if i have exported services but the client is giving invoiced amount in INR i.e. he is converting his local currency from his local bank in INR then after conversion his bank is remitting the payment in our INR a/c. Will this also be exempted or taxable from service tax?
Can any one tell me that if i have exported services but the client is giving invoiced amount in INR i.e. he is converting his local currency from his local bank in INR then after conversion his bank is remitting the payment in our INR a/c. Will this also be exempted or taxable from service tax?
12 July 2016
This also be exempted from service tax.
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