Indian company entered into a Joint Venture with a Foreign Company. Indian co. is providing some services to foreign co. & those services are provided in India itself & for those services Foreign co. is paying Commission in foreign currency.
Pl tell whether Indian co. has to raise invoices for those commission including service tax or not. pl reply asap
hi,
If the benefit out of such services is derived out of india by the foreignnparty and payment is made in foreign exchange then its would fall under the case of export of services and no service tax is chargiable on it ,
Regards
Jeevesh Mehta
Customs, Excise and Service Tax Consultant
Ph: 9811617186
Dear Wanishree,
Could you plseae provide the details of service rendered.
Thanks,
Ganesh.
Gowra Ventures Pvt Ltd
Hyderabad
CA
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SKAA & Associates
New Delhi
CA Inter
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