An Indian resident co. has taken services from an architect from Australia & USA. Will tax payment/tax liability differ if payment made is in U.S. Dollar?
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Payment made in forign currency
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Under Import of service laws (laymen' terms); taxability under Architect service is examined from the viewpoint of where the property is located in relation to which the the architect's services were sought. If the property is located in India, then the possibility of being subject to service tax is quite significant.
ok.. thanks.. just needed confirmation.. thanks alot
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