Invoicing in usd whether st is applicable or not

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 June 2014 Hi,

i have a query on Service TAX Component on the invoice which is raised in USD, but services are rendered in India.

The remittance is also in USD against the invoice which will deposit in EEFC account.

Whether the ST is applicable on such invoice or not?

Kindly answer my query urgently.

CA UMESH DULAL

CA UMESH DULAL (Expert)
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10 June 2014 If you have rendered service in India, then service tax is applicable regardless of the fact that whether you have made invoice in USD or INR. For calculation of invoice amount in INR, you may take the rate as per Customs Valuation.

Querist : Anonymous

Querist : Anonymous (Querist)

10 June 2014 Thanks Mr. Dulal,

I understand that ST will be applicable.
But if the services are a type of Software Support services which are exported to US thru online and rendered in India,
then also the ST is applicable?

CA UMESH DULAL

CA UMESH DULAL (Expert)
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10 June 2014 If you have rendered service in India and the service is exported subsequently, then you have to charge the ST on Invoice. The person who is exporting the service may claim refund of ST paid after export of the service.

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