SERVICE TAX ON INCOME RECEIVED FROM FORIEGN COMPANY

IF WE RECEIVE INCOME FROM A FOREIGN COMPANY TO AN INDIAN COMPANY  FOR ENGINEERING SERVICES DO WE NEED TO PAY SERVICE TAX ON SUCH REMITTANCES

Replies (2)
Originally posted by : RAVI KUMAR GATIGANTI


IF WE RECEIVE INCOME FROM A FOREIGN COMPANY TO AN INDIAN COMPANY  FOR ENGINEERING SERVICES DO WE NEED TO PAY SERVICE TAX ON SUCH REMITTANCES

 

Under the export os ervice rules 2005 - consulting engineering services provided to a recepient outside india and received in convertible FE is excluded from liability. In fact the input services paid , central excise duty paid on goods used in provding such services would be eligible for refund.

Dear Ravi,

It seems from your query that you have provided Engineering services to a foreign based compnay. In such a situation if the conditions of EXPORT of Service Rules are complied with then there shall be no service tax liability on you because export of service has been exempted from tax payment.

Regards

Jeevesh MEhta

+91 9811617186

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details