Dear Friends,
We have received income in foreign currency in our foreign currency account. we have converted a portion of the same into indian currency & service tax is paid on that. Whether we are required to pay service tax on the balance amount in foreign currency account or any exemption is available on the same.If yes please give me he notification no also. Please its very urgent.
N J Suresh & Associates
Bengaluru
CA Inter
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Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Foundation
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K R Kiran Kumar & Associates
Bengaluru
CA Inter
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CCI
Pro
CAclubindia
