TMI BlogForeign ServiceX X X X Extracts X X X X X X X X Extracts X X X X ..... Foreign Service X X X X Extracts X X X X X X X X Extracts X X X X ..... from foreign overseas Commission Agent, we have received Export order for the same, now we have paid Commission to foreign overseas Commission Agent in Foreign exchange, we have liable to pay service ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tax under reversal Charges?? Please advise. Reply By Brijesh Verma: The Reply: Technically YES, but u can avail benefit of exemption under 42/12 notification. However w.e.f. FA 2014 (last year) this ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... transaction is outrightly exempt (unconditionally) Reply By MUKUND THAKKAR: The Reply: Sir, in addition of above. contract between your over seas agent and between your company must be their for a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vailing the exemption under notification 42/12. X X X X Extracts X X X X X X X X Extracts X X X X
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