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2010 (5) TMI 88 - AT - Service TaxExport of business auxiliary service - receipt of consideration in INR - The respondent (assessee) contended that the services provided by him were covered under the category of export services and therefore he was not liable to pay the service tax. Held that: I find that the Commissioner (Appeals) has considered the receipt of foreign currency in detail in Para 7 of his order. He has observed that on the basis of record that arrangement was made between the buyer and sellers to pay the commission amount in Indian Rupee (INR) directly to the respondent at the prevailing USD/INR conversion rate. He has also observed that this arrangement was agreed to minimize the cost relating to the transfer charges by foreign banks since the commission amount was very small – Benefit of exemption allowed
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