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Supply of services outside india. And receipts are in indian rupee And the business nature is providing software services than for such service input tax credit can be availed ?
Replies (2)
yes you can take credit and utilize for output tax but u can not refund of ITC
because u not get foreign currency because law says if you want refund ITC THEN MONEY SHOULD BE RECEIVE IN foreign CURRENCY
because u not get foreign currency because law says if you want refund ITC THEN MONEY SHOULD BE RECEIVE IN foreign CURRENCY
Goods and offerings Tax is an oblique tax imposed in India at the supply of goods and services.
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