09 July 2015
A company is providing website development team and design work to overseas client and receiving payment in convertible foreign exchange.
Will this fall under export of service and is service tax to be charged on this transaction.
09 July 2015
As per place of provision of service Rules the place of provision of service shall be the location of receipient of service. As the client is located overseas the service is provided outside the taxable territory, hence no service tax payable.