Dear Sir,
I am running a website development & Maintance firm in the form of Pvt. Ltd. Compamy. My most of business iss outside india and also money is coming from foreign sources. But my few business is also in india.
So, my query is that what rate of Service Tax will charge on invoice in india and in which which categrory (Accounting code) will applicable for payment of service tax?
Rajan Aggarwal
hi there
First of all rate of service tax will be 14% on the invoices generated for your clients in india and for export service there is no service tax , hence need not to charge service tax on exported services.
secondly accounting code will be 00440452 as this is information technology software services, and lastly you should also take care of the provisions of VAT if it falls in
| Sale of goods linked to service under | ||
| notification No 12/2003-ST
|
CAclubindia
