LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

service tax

CA Vivek (CA , CS) (71 Points)

09 September 2008

hi i m ca final student i m having one querry ragarding service tax.

My querry is if service is provided to the foreign company and fees recd in foreign currency then servicetax ll be charged on that income or not.

and if fees recd in indian curency what ll be its taxability

Reply
Follow
Share

4 Replies

DEEPIKA GOEL (C.A) (419 Points)
Replied 09 September 2008

Any service provided to outsider, service tax shall be levied whether payment was received in indian currency or foreign currrency. It does not matters. But if service provided by outsider to indian then service tax shall be payable by Indian as covered in Reverse charge.

CA Vivek (CA , CS) (71 Points)
Replied 10 September 2008

hi mam is there is any article or notification related to this point , if there then please tell me

kamal (CWA) (125 Points)
Replied 11 September 2008

Originally posted by :DEEPIKA GOEL
"	Any service provided to outsider, service tax shall be levied whether payment was received in indian currency or foreign currrency. It does not matters. But if service provided by outsider to indian then service tax shall be payable by Indian as covered in Reverse charge.	"

Respected Mam

My Name is Kamal, I undergoing CWA ( Inter )

According to me Service Tax is Lived to the whole of India except the State of Jammu and Kashmi as per chargablility Section.

In other Work i can say Service Tax is not lived on services provided outside India, but payable as per reversed charge.

if i am wrong so please advoice.