Foreign remmitancs taxability

This query is : Resolved 

04 August 2015 can anyone pls tell me that whether foreign remittance is taxable under service tax.

04 August 2015 Inward or Outward remittance?

For service tax, you need to refer the PoPS viz Place of Providing Service Rules. Accordingly the same is decided to taxable or not. Please share the nature of transaction to decide whether or not the same is taxable.

04 August 2015 Any charges collected towards remittance i.e. conversion charges and commission for remittance is liable for service tax.

05 August 2015 Service is of comission agent, acting as an intermediary between Indian vendor and foreign buyer. Gettinh comission from Indian vendor by supplying his goods outside India

05 August 2015 The service is taxable in India.
.
.
.

05 August 2015 Sir can u pls explain how....

05 August 2015 that is why I told you to go through PoPS.. Place of providing service.

From the facts of the case, it looks as if the person is providing service to Indian vendor and hence taxable in India.

05 August 2015 See place of provision of service rule 9(C).


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details