Service tax
This query is : Resolved
09 January 2013
Any services provided to out of the country, service tax is exempt know ?
Sanjay Singhal
(Expert)
09 January 2013
The New service tax regime has begun from 01.07.2012.
As per Section 65B(52) Taxable Territory means the territory to which provisions of chapter V of finance Act 1994 apply. that is, whole of India except J & K.
Under Section 66C The central govt has notified PPS (Place of Provison of Service) Rules which determines the service tax liability.
The following conditions are to be satisfied for Export of Services:
a) Service provider is in India
b) Service reciepient is outside India
c) Service is not a service specified in Negative list
d) PPS is outside India
e) Payment towards above is receivable in convertible foreign exchange
f) Provider and receipients are not merely establishments of same entity.
on satisfaction of the above conditions, the export of services is exempt from tax.
As per Section 65B(52) Taxable Territory means the territory to which provisions of chapter V of finance Act 1994 apply. that is, whole of India except J & K.
Under Section 66C The central govt has notified PPS (Place of Provison of Service) Rules which determines the service tax liability.
The following conditions are to be satisfied for Export of Services:
a) Service provider is in India
b) Service reciepient is outside India
c) Service is not a service specified in Negative list
d) PPS is outside India
e) Payment towards above is receivable in convertible foreign exchange
f) Provider and receipients are not merely establishments of same entity.
on satisfaction of the above conditions, the export of services is exempt from 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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- 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
- 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
