Service Tax

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We have to pay technical fee in forex towards know how to a foreign co.

What is the liability/responsibility regarding service tax.

Replies (3)

It would be covered under Import of services and u hv to pay service tax on that.if u are also paying R&D Cess then u can claim credit for that..

Yes I am paying R& D cess,

I can claim credit of what R& D cess or service tax?

Credit of R&D Cess while paying Service Tax. in case of import u have to pay without utilising CENVAT. after payment of Service Tax if Imported Services are utilised in providing Taxable services, then u can take credit of Service Tax paid on Import of Services

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