Export of services
This query is : Resolved
16 March 2014
Hi Sir,
if an Foreign company registered in India is providing services of locating customer for a client located out of taxable territory ie foreign country,but customers they identified are located in India and sales are made directly to customers by foreign company (ie client) , and commission is received in foreign exchange by service provider,will this amount to EXPORT OF SERVICE. My doubt is that since the service is provided in India place of provision is in India, this business auxiliary service should be taxable as in my view it is not export of service. Kindly guide
if an Foreign company registered in India is providing services of locating customer for a client located out of taxable territory ie foreign country,but customers they identified are located in India and sales are made directly to customers by foreign company (ie client) , and commission is received in foreign exchange by service provider,will this amount to EXPORT OF SERVICE. My doubt is that since the service is provided in India place of provision is in India, this business auxiliary service should be taxable as in my view it is not export of service. Kindly guide
16 March 2014
Mr B Pant,
This can be classified as Business Support Services.This item was introduced in 2006,under the budget of 2006-07.It is taxable...mjk
This can be classified as Business Support Services.This item was introduced in 2006,under the budget of 2006-07.It is taxable...mjk
17 March 2014
foreign co providing intermediary service located in india and as per Rule 9 of PPS rule, place of location of service provider is PPS, so taxable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Relief u/s Section 89
- Rent lease agreement
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
