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Foreign Currency Invoice

This query is : Resolved 
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(Querist)
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
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
09 May 2011 I think this is a case of export of services, and service tax shall not be required.
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
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.
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