Import of Services- Exchange rate of payment or invoice date

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 January 2010 In case we have to pay service tax on foreign transtns. then which rate for foreign currency is to be considered?
Rate on the date of invoice or rate on the date of payment by the party to us?
And how is the accounting effect to be give?

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 February 2010 .

02 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp


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