service tax -

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anil kumar (Querist)
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04 December 2010 We have received bill from France, Professional & technical charges,
pls suggest us, we liable to pay service tax or not
& if the contract is Indian consultant / lawyer /Contractors with foreign company & thereafter foreign company (our parents company) reimbursed to Indian company than what is the effect of service tax

Madhukar N Hiregange

Madhukar N Hiregange (Expert)
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05 December 2010 Liable under 66A.
If same service provided by local firm to foreign company it would amount to exports and would notbe liable to ST

SANJAY TALATI

SANJAY TALATI (Expert)
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07 December 2010 In the first case u are liable to service tax u/s 66A. You are required to get the Service Tax Regn. from the dept, assess the Service Tax (presently 10.3%) and deposit the same. U will get the cenvat credit of the Service Tax paid by u as the same amounts to input service.

In the second case, it would amt. of export of service and not liable for service tax.

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