Applicability of service tax

Nikhil (CA FINAL CLEARED GRP 1) (86 Points)

14 June 2012  

 

Dear Colleagues,

Is service tax chargeable on foreign remittance?

Eg: There is an event managemnt company. It gets its fees from Indian countries. The services, however, is provided in foreign countrie only. Is the amount chargeable to service tax??

If we consider the export of service then in that remittence must be in foreign currency, but in this case amt received in Indian currency.

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