Hi Guys.
I'm the director of a small IT service provider PVT LTD company.
We provide IT services like website designing etc to non-indian clients across the globe.
We get paid for our outsourcing services in USD/Euros. This amount gets settled in Indian bank in Indian Rupees.
Do I need to pay the service tax even if the total payment is >10 lakh INR.
Please help and clarify my doubt.
Thank you so much !!