Hello All Experts of Service Tax India,
I am running a World Wide Web (WWW) Solutions firm and I mostly have clients from overseas, where my service tax is exempted and I am not liable to charge them service tax nor I am liable to pay service tax here in India. Unfortunately have taken service tax number just because I come under the barrier of income of Rs. 10,00,000.00 Lacs. But now after knowing the fact that if I am providing the service to overseas then I am not liable for service tax. Now in this situation I want to cancel my service tax number or if I keep this and may be in future, if reach the limit of earnings of Rs. 10 lacs in here in India. Then I may have to pay the service tax. So can anybody help me solve this issue that shall I keep the service tax number or shall I cancel it. If I keep the number then I will have to upload all my accounts every 6 months and pay a NIL return.
Can anybody here from experts tell me or can give me a paid consultancy or service that what shall I do in this situation, whether I keep the number and you (CA) will look after the half yearly returns or you (CA) can help me to cancel the number or there is no need file a NIL return if there is no income from my Local country.
I hope the query above is easy and I have made all readers easy to understand my Problem.
CAclubindia
