service tax -
This query is : Resolved
anil kumar
(Querist)
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
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
(Expert)
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
If same service provided by local firm to foreign company it would amount to exports and would notbe liable to ST
SANJAY TALATI
(Expert)
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.
In the second case, it would amt. of export of service and not liable for service tax.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- 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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
