We had given service in India but we had raised bill to our out of India client & received payment in euro.
can we have service tax liability
We had given service in India but we had raised bill to our out of India client & received payment in euro.
can we have service tax liability
Hi,
What's the taxable category of Service that you had provided to your client?
Billing overseas entity might be a commercial arrangement and receipt in convertible forex is one of the conditions to qualify as an Export of Service.
Many factors are to be reckoned before concluding on the liability to Service tax in India.
Rgds,
Rajesh
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