Export of service
This query is : Resolved
CA. Praveen Narayan
(Querist)
19 March 2011
Dear all..
export of service is exempted from servic tax and the consideration shd b receivd in convertbl foreign exchng..
my doubt is whethr such exemptin s availab if th indian servc providr receives consideration through 'Paypal'? is thr any RBI restriction in receivin such payment through paypal?
Thanks in advance..
Regards
Praveen.N
export of service is exempted from servic tax and the consideration shd b receivd in convertbl foreign exchng..
my doubt is whethr such exemptin s availab if th indian servc providr receives consideration through 'Paypal'? is thr any RBI restriction in receivin such payment through paypal?
Thanks in advance..
Regards
Praveen.N
19 March 2011
Paypal is ok as long as your bank account is credited with FE.
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CA. Praveen Narayan
(Querist)
20 March 2011
Thank you very much sir..
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