Foreign Currency Invoice
This query is : Resolved
09 May 2011
Hi..
would like to know that we will be billing our client in foreign currency for rendering services of Air Ticketing for our clients.
Do we need to charge taxes (Service Tax) or its only gross amount.
Please revert.
Thnaks,
Prashant
would like to know that we will be billing our client in foreign currency for rendering services of Air Ticketing for our clients.
Do we need to charge taxes (Service Tax) or its only gross amount.
Please revert.
Thnaks,
Prashant
09 May 2011
I think this is a case of export of services, and service tax shall not be required.
09 May 2011
AGREE WITH EXPERTS....
in this regards refer to cbec Circular No. 56/5/2003-ST dated 25-04-2003 which stated that service tax was a destination based consumption tax and hence not applicable on export of services.
in this regards refer to cbec Circular No. 56/5/2003-ST dated 25-04-2003 which stated that service tax was a destination based consumption tax and hence not applicable on export of services.
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