Dear Sir,
I am starting a proprietary export business of IT and SEO Services to the US from India, which will exceed revenue of 10lakhs. Questions.
1Do I have to pay service tax on these export services
2 Do I need to register for export import code for exemption
3 what is procedure for getting export import code .
export of IT services is free of service tax, hence no need to charge service tax there on , let other say
Agree with above
Ramanuj
"no service tax, but keep track of payment, which is received in foreign currency,
Does one need a export import code for exemption from service tax if services are exported?
| Originally posted by : George koshy | ||
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Does one need a export import code for exemption from service tax if services are exported? |  |
ovedr 5000 USD its safe to have IEC code for ease of banking transactions only, service tax department looks only on payment received and service provided is placed outside territory of india ( these two clause)
CAclubindia
