notification no. 02/2011 & 03/2011 dated 01.03.2011
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 April 2011
Are these notification applicable on the exchange of foreign currency realisation of export proceeds received by the exporters in India??? If yeas to what extent? Can an export house status holder unit be exempted from applicability of these notifications?
Are these notification applicable on the exchange of foreign currency realisation of export proceeds received by the exporters in India??? If yeas to what extent? Can an export house status holder unit be exempted from applicability of these notifications?
16 May 2011
these notifications are applicable for forex dealers only, who sell forex at higher premium and thus such premium is subject to service tax.
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