Service tax on export of service
This query is : Resolved
26 July 2011
Hello
I am leading a team of 4 software developers and we work for US based companies only. My annual receipt is approx 20lacs. All the remittance is in dollar. I have few queries regarding service tax.
- I am not sure if i am liable for service tax. As far I know The export of service does not comes under service tax..
- If I am liable to pay service tax. How much service tax will be applicable for my service.
Any help regarding this is highly appreciated.
Thanks
I am leading a team of 4 software developers and we work for US based companies only. My annual receipt is approx 20lacs. All the remittance is in dollar. I have few queries regarding service tax.
- I am not sure if i am liable for service tax. As far I know The export of service does not comes under service tax..
- If I am liable to pay service tax. How much service tax will be applicable for my service.
Any help regarding this is highly appreciated.
Thanks
CA Anisha Ray
(Expert)
27 July 2011
U need to answer two queries:-
1) Where are the services that U are providing are being used? i.e the place of consumption of your service. If it is outside India, It will amount to Export of Services and U need to pay service tax as it is exempt.
2) Whether all receipts are in Forex?
If Yes, it amounts to exports and hence it is exempt from service tax.
1) Where are the services that U are providing are being used? i.e the place of consumption of your service. If it is outside India, It will amount to Export of Services and U need to pay service tax as it is exempt.
2) Whether all receipts are in Forex?
If Yes, it amounts to exports and hence it is exempt from service tax.
27 July 2011
Hello
1) My services is being used outside india
2) I get all remittance in dollar.
Thanks
1) My services is being used outside india
2) I get all remittance in dollar.
Thanks
rajula gurva reddy
(Expert)
28 July 2011
You need not pay any Service Tax as developed software is being exported out of India and proceeds are received in foreign currency.
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
- Tax on Amount transferred in HUF Account
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
