Hello, I'm an individual software consultant rendering software export services to clients across the globe. Almost 100% of my services are export oriented.
My turnover exceeds 10 lakhs but is entirely foreign-based income apart from about 1lakh of interest income generated by some fixed deposits.
- Do I have to take a service tax registration?
- Also is a proprietorship registration with the government mandatory for all proprietorships?
- Is having a current account a must?
Please help me out, thanks.
CAclubindia
