Section 66A and STPI units
This query is : Open
12 August 2009
Hi all
A company which is situated in STPI under section 10A.(where 100% income is exemptfrom tax)and service tax also exempt..But as per section 66A of service tax..If any service is received from outside india by a company which has place of business in india..this STPI unit is receiving some services from outside india..So is it necessary to service tax on that.. or is there any sepcial exemption for this.. Pls help on this....Its very urgent
Thanks in advance
A company which is situated in STPI under section 10A.(where 100% income is exemptfrom tax)and service tax also exempt..But as per section 66A of service tax..If any service is received from outside india by a company which has place of business in india..this STPI unit is receiving some services from outside india..So is it necessary to service tax on that.. or is there any sepcial exemption for this.. Pls help on this....Its very urgent
Thanks in advance
13 August 2009
No special exemption.
However all services are not taxable and there are conditions for 66A to be attracted- see the rules or contact a local expert.
However all services are not taxable and there are conditions for 66A to be attracted- see the rules or contact a local expert.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- EPF FULL & FINAL RULES IN 2026
- Management System (IMS)
- Condonation . E-Verification of last year return .
- Rental income gst and it purpose
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Eway bill generation from place other than registeted
- FTS Taxable under 115A
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
