Hello,
I am currently a freelancer Software/Web developer/consultant residing in India. All my clients reside outside Indian territory and I get paid in USD which I accept via WIRE(SWIFT) transfer to my SBI bank.
To my understand I don't need to pay service tax as per Rule 6A of Service Tax Rules, 1994.
But do I need to register as in total my revenu goes over 10lacs per annum?.
Please note all of it is in USD which is in turn converted to INR by the bank of which I get the FIRC of.
Does EXPORT OF SERVICES 2005 change anything for me?
Does it make any difference if I get salaray for an online job instead of consultancy or devloping software and vice-versa.
Thanks.
CAclubindia
