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Service tax
software development services are exported to usa client by indian proprietor. Inward remittence is received and service tax is charged on conversion of currency. Is cenvat credit or refund on such service tax is allowed?
Replies (1)
Yes. Cenvat Credit can be avaled on all your input servicer used for providing output service.
Refund can be claimed under Rule 5 of Cenvat Credit Rule.
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