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Export services

This query is : Resolved 

09 June 2017 Situation: A partnership firm providing IT services to clients located outside India and receives income through foreign curreny . Export income is above 10 lakhs, Domestic income- less than 10 lakhs. First year of its operation.

Query:1) Is service tax is applicable?
2)Is there any exemption for export services?
3) Is local sales taxable ?

09 June 2017 1 Service tax not applicable.
2 Export of service is exempted.
3 Local sales taxable only if it exceeds 10 lacs.

17 June 2017 thank you sir for your valuable reply..


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