Is service tax and income tax needs to be paid for services export ? We are based at Delhi and earn our fees in usd by helping manufacturers in Third country to export to Third country [ Sat Taiwan to Germany ]. more
Viewed by 69
View all 9 comments Below 9 comments
Service Tax has to be charged by you from Recipient of services and deposited with Govt. Income Tax to be paid on taxable income after deducting expenses incurred to earn that income. more
Jul 26
Sure , we will request this. But they r nt providing ST and hence r not affected. They knw this law is of India and hence onus is on us to find wherewithals to circumvent it. more
Jun 27
In fact your overseas buyers or sellers can request their governments to challenge this provision in WTO as this provision violated WTO agreements. more
Jun 27
As per finance bill introduced by PC, the then FM, ST was imposed on service takers who cud take credit for the same. Just like TDS. Although, onus of collecting and depositing the same was on service provider. Gvn abv, our buyers and sellers are outside India and hence not bound by Indian laws. It is impossible, for us to collect ST fm them. So levying ST on us seems travesty of law and well laid down principles of economics. If someone is intersted to file PIL we are ready to support with all required dox. more
Jun 27
service tax paid on commission received from overseas buyers is a very debateable point. At the moment, you pay the service tax on such income and I feel it cannot be claimed as a refund. In my opinion constitutional validity of this provision shall be challenged sooner or latter. more
Jun 26
