India - "Export of Services" vs. Service Tax Collection following May 2008 Changes?
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It appears that Indian software companies are now under gambit of service tax starting May 2008. Is there any relief to a company from collecting such service tax if that company is purely exporting these software services to customers in US and Australia . Additional Information: 1. The company is not registered under STPI but 100% of its revenues are from sources outside India. 2. The customers have no establishment in India, and the resulting deliverables from services are used outside India. 3. Payment is being received by company in convertible foreign exchange from sources outside India. Does such a company have to pay service tax on these amounts ? Are there any elements of Dual Tax Avoidance Agreements that come into play ?
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Answer:
There is a very clear cut details, I think, it is suitable to yu. Please go through the above reference. To some extent, you can have idea on this. Your can also get from "taxindiaonline.com" If you open at the bottom, you can find the above reference and further you drill it, you will get the entire edpisode.
Ennova20... at Yahoo! Answers Visit the source
Other answers
There is no service tax on export of services. Read http://mytaxes.in/index.php?topic=165.0
Jss
if your office is registered in india ..and you declare your returns to Indian government ..then U hav to Pay ..no relief I guess.
razzyan n
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