How to claim exemption for service tax for foreign services
This query is : Resolved
17 March 2017
Hi,
My partnership firm is registered with service tax. I have two queries:
1. Now we are giving engineering drawing (soft copy through internet) services to my steady US client. My client is paying us through wire transfer (using SWIFT) to my Indian current account. What is the procedure to file service tax exemption for these amount?
2. We are not expecting to cross annual turnover INR 10 lakh. In this case should I need to pay service tax?
My partnership firm is registered with service tax. I have two queries:
1. Now we are giving engineering drawing (soft copy through internet) services to my steady US client. My client is paying us through wire transfer (using SWIFT) to my Indian current account. What is the procedure to file service tax exemption for these amount?
2. We are not expecting to cross annual turnover INR 10 lakh. In this case should I need to pay service tax?
17 March 2017
No need to pay service tax, as it will fall under export of service. File nil service tax return.
Message likes :
1 times
17 March 2017
Thank you sir for your reply, could you please tell me that whether we need to pay service tax in case our annual turnover is not exceeding Rs.10 lakhs, but we are registered under service tax?
17 March 2017
No service tax when threshold not exceed even registered.
Message likes :
1 times
17 March 2017
Thank you Sir for your information
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- ADVANCE PAYMENT OF ADVOCATE
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- REGARDING ANNUAL RETURNS FILLINGS OF A COMPANY INCORPORATED ON 28.03.2025
- TDS Return Q1 FY 2026-27
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
