s'is an indian firm .procuring orders for a foreign company and gives list of orders to that foreign company.Further there is no dealing between 's'and the other indian firm.After recieving list that forein company deals directy with the indian company who ordered for its products. 's' recieves commission for this in US$ remitted through bank .As per new provisions of serivce rule .whether "s" is liable to pay service tax or nt..if yes why n if nt y..?
Menu
Service tax applicable or not
Replies (1)
Location of Service receiver is outside India. Location of service provider in In India. Consideration rceiverd in FE. Place of provision of service is also outside India. Hence it is export of service and no service tax liability thereon.
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
