Export of service and service tax registration

Both Section 69 of Finance Act, 1994 and Rule 4 of Service Tax Rules, 1994 contain provisions relating to Registration.

None of the above section or rule prescribe registration where Service tax is not to be paid. Only when a liability to pay service tax arises one has to get registered with the department. The relevant part of the section is produced below:

"69. Registration - 3[(1)] Every person liable to pay the service tax under this chapter or the rules made there under shall, within such time and in such manner and in such form as may be prescribed, make an application for registration to the 4[Superintendent of Central Excise]."

Your Second query is not clear. Add some more details to your query.

thanks prabhat for reply .

I have also posted to clear that weather my income is service tax liability or not? And 2 of members have confirmed that there is no service tax liability on that kind of income . For more information, you can look into this thread.

/forum/affiliate-earnings-and-service-tax-in-india-159864.asp

For second query, I mean to say the RBI purpose code for reporting forex transactions which is necessary to mention according to the nature of work for clear funds. I want to ask that what purpose code I should use for affiliate marketers.  So far I could find most suitable code is P1007 for market research & Advertising.

 Thanks again and waiting for reply

so if you agree that my income is service tax exempted then do i still require to get service tax registration because probably I would cross 8 lack turnover this month ?

No you are not required to get service tax registration so far as you are exporting services. Threshold limit is calculated on the basis of taxable value of service only. As per details given by you, you are not providing any taxable service so far. Threshold limit has been increased to Rs.10 lakhs vide Notification No.8/2008 dated 01.03.2008. Refer link. https://www.servicetax.gov.in/notifications/notfns-2k8/st08-2k8.pdf

I don't know much about RBI coding system. In case I get any information about the code, I would let you know the same. You can wait for other members to add information to your query.

Hope this helped you.

well prabhat ,

thanks for the all effort you are putting in my query however i am still confused if i fall under export of service category and all the remmitance I am receiving in foreign convertible currency so exports of services are exempted from Service Tax and i am not liable for paying service tax then what is the point you want to make with the limit has been increased to Rs. 10 lakhs and limit is calculated on the basis of taxable value of service only. Sorry for interruption but your answer is not clear enough !   

Hi ,
 

I too am starting services , which would only be for foreign Clients.
Planning to register for Service Tax , not for paying taxes but to be able to get a current account
for the new Proprietoprship , I am planning to start.

@ sushil - what are the documents , that we are requried to maintain
1.Do you maintain Invoices
2.What are the other documents to be maintained - with regards to source of Income and Purpose of work
Who and where are they asking for the purpose codes ?

Called HDFC bank , they say no documentation is required.
Service Tax is not applicable to export. So Only IT remains - To my understanding.

Awaiting the valuable feedback

Thanking you

Aces Joanh