A proprietorship firm provides BAS.The firm has tie up with Abroad Universities in U.S, Australia,Canada etc.
1)They send students to Abroad for studies and receives commission from the universities to which such students are admitted.The commission received is in Foreign currency.
2)The firm sometimes directly collect commission from the students in indian currency on the condition that they will not receive any commission from the abroad university to which the student is getting admission.
In both the cases the student is send to abroad universities,does both the conditions come under Export of Service,Does such receipt of income attract service tax.Kindly help by your suggestions.
CAclubindia
