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Thanks for your reply classifying the service as "Market Research". However, one further clarification is reqd. My understanding of Export of Goods & Services Rules 2005 is that, in case of services like Market Research, in case such services are : a) Delivered outside India and used in business or other purpose outside India, and b) Payment for such service is recd in convertible forex; then such services will be treated as Export and thus not liable to service tax. Further, in case the service is treated as Mgmt consultancy of Business Auxillary/ Business Support, even then the service will be treated as "Export" in case the above TWO conditions are fulfilled. Please confirm if my understanding on this issue is correct.
Export of Service Rules, 2005 have been amended with effect from 19-4-2006 and accordingly, your understanding is correct.
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