Income Tax on Export of Services
This query is : Resolved
17 February 2022
Hello
A Indian Company, providing e-commerce services (B2B & B2C), has participated in Food Exhibition at Dubai received membership fee from Indian Companies for supply of Agro Products in India.
The payment is made in US$ in Indian Bank account.
Please advice whether it will be considered as Export services.
If yes, any rebate/exemption in Income Tax.
Thanks & Regard
A Indian Company, providing e-commerce services (B2B & B2C), has participated in Food Exhibition at Dubai received membership fee from Indian Companies for supply of Agro Products in India.
The payment is made in US$ in Indian Bank account.
Please advice whether it will be considered as Export services.
If yes, any rebate/exemption in Income Tax.
Thanks & Regard
18 February 2022
Received membership fee from Indian Companies for supply of Agro Products in India will not fall under export of service.
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