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Import of Service

This query is : Resolved 
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(Querist)
16 October 2008 Would the threshold exemption limit of Rs.10 lacs p.a. be available for company which has imported services given that there is no taxable service during that year, if the answer is no then should service tax liability be discharged on the import of service (assuming the service imported is taxable)
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
17 October 2008 The threshold limit given is for the service provider.
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