Question
This query is : Resolved
02 October 2012
Dear Tax Gurus,
I have started a private limited company in india last year which is dealing with a CA firm of UK . My company in India provides Accounting services to the UK Based Firm . Money was sent to us directly in Pounds which gets converted in INDIA Only. Now please tell do i have to pay service tax or is it free for our services ?
Please reply as i have been wandering here and there with so many different opinions .
Thanks
I have started a private limited company in india last year which is dealing with a CA firm of UK . My company in India provides Accounting services to the UK Based Firm . Money was sent to us directly in Pounds which gets converted in INDIA Only. Now please tell do i have to pay service tax or is it free for our services ?
Please reply as i have been wandering here and there with so many different opinions .
Thanks
02 October 2012
This is an export of service, the payment is received by you in freely convertible FX and therefore service tax is not payable
02 October 2012
No st payble....it is export of services.
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