i just want to cofirm is service tax applicable to services rendered outside country by our agent on our behalf and our billed to us in foreign currency same here in india we billed to our clinet in INR .
CA Hareesh
( )
(1637 Points)
Replied 25 December 2012
CMA RAVI
(ASSISTANT MANGER - FINANCE)
(478 Points)
Replied 25 December 2012
| Originally posted by : sanjay | ||
 |
i just want to cofirm is service tax applicable to services rendered outside country by our agent on our behalf and our billed to us in foreign currency same here in india we billed to our clinet in INR . |
|
hi
AS FAR AS I KNOW
THE SITUATION GIVEN BY YOU IS COVERED UNDER
"EXPORT OF SERVICES RULES" (service provided outside india + consideration receieved in foreign convertible exchange =export of service)
AND HENCE MADE EXEMPT
although the above written comments are correct logically
but this has been covered in rules as export so that input tax credits can still be taken by service provider
waiting for other (professional) comments on this answer
nimish solanki
(IPCC CLEARED)
(108 Points)
Replied 25 December 2012
Hi
The export of Service rules have been removed from 01 /07/2012...
At present , Place of Provision rules covers this situation.
The place of provision of service is place of service recepient. SInce in your case Service receiver is outside India,it is not taxable service.
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 26 December 2012
Not only, POPSR 2012 , but also six clauses Rule 6A of ST Rules 1994 govern export of services.
Manoj Agarwal
(Service Tax Consultant Rourkela ServiceTaxExpert@yahoo.com)
(3456 Points)
Replied 30 December 2012
agree with solanki
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