Service tax sucks
This query is : Resolved
10 June 2013
Hello Expert
let me explain there
i own a small software development firm , and i already did the business of 20 laks
99% work i get online from some site (elance , freelancer , odesk ) . these site charge 10% amount of the project as Fees , after that i transfer money to pay paypal . its take 5% of the amount as there Fees
if i get any project of $1000 then i get $855 in my hand ,
so my question is that : all the client from USA and UK , if they not pay any service charge , in this case i need to pay service tax .
waiting for reply .
let me explain there
i own a small software development firm , and i already did the business of 20 laks
99% work i get online from some site (elance , freelancer , odesk ) . these site charge 10% amount of the project as Fees , after that i transfer money to pay paypal . its take 5% of the amount as there Fees
if i get any project of $1000 then i get $855 in my hand ,
so my question is that : all the client from USA and UK , if they not pay any service charge , in this case i need to pay service tax .
waiting for reply .
10 June 2013
Yes...as importer of services...reverse charge mechanism would apply.
Message likes :
1 times
10 June 2013
from last year IT service is not Consider as as Export of service . can u please give me any best solution for the same ,
10 June 2013
Dear Varun,
Can you please elaborate on the kind of services rendered by you and how the foreign exchange in the form of fee is received? I wish to answer your querry after referring to place of provision of service rules and Rule 6A of the ST rules.
Can you please elaborate on the kind of services rendered by you and how the foreign exchange in the form of fee is received? I wish to answer your querry after referring to place of provision of service rules and Rule 6A of the ST rules.
10 June 2013
Dear Varun,
Can you please elaborate on the kind of services rendered by you and how the foreign exchange in the form of fee is received? I wish to answer your querry after referring to place of provision of service rules and Rule 6A of the ST rules.pl sent it to siva208@yahoo.com
Can you please elaborate on the kind of services rendered by you and how the foreign exchange in the form of fee is received? I wish to answer your querry after referring to place of provision of service rules and Rule 6A of the ST rules.pl sent it to siva208@yahoo.com
20 June 2013
Mr. Sivadas, Plz guide with an answer to the above query. I too want to know the correct answer. Thank u
20 June 2013
Hello Priti , u are also CA , u have any proper reply for this ?
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
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Consolidated financials
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- TDS on TRUST
- 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
- 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
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
