Service tax on export of software if not relaised

divya (Article assistant) (106 Points)

02 February 2013  


I know that service tax is not applicable for export of software in India. According to the RBI guidelines exports must be realised within 12 months and there is also some extension of time... Is there any consequence on non realisation of the same and will service tax become applicable if the exports are not realised within time???

Please clarify on the same.