Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Export of Service

Service Tax - Started By: - Shyam Naik - Dated:- 6-12-2015 Last Replied Date:- 8-12-2015 - A Ltd is in the business of software development. B Ltd is 100% subsidiary of A Ltd and is located outside India. B Ltd received orders for software developmen .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

g and Subsidiary is covered by explanation 3 to section 65B(44). Regards, Shyam - Reply By YAGAY AND SUN - The Reply = In our view, it may come under the purview of explanation 3 to section 65B(44) read with Rule 6A of the Service Tax Rules. - Reply .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

B is treatable as export and therefore is exempted from service tax. This is my opinion. - Reply By Shyam Naik - The Reply = Agreed with the view of Shri Rajagopalan. Had the intention of legislature been to deny export status to transaction between .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

is the place of recipient of the service. Since B is recipient which is in non-taxable territory then sec 66B will not be applicable. It is and no service tax is applicable. - Reply By KASTURI SETHI - The Reply = Undoubtedly, it is and exempted from .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ly or indirectly. Am I right ? I want comments from M/s.YAGAY and SUN, Sh.Ranganathan Ji and Sh.Ganeshan Kalyani Ji. 2. On this issue Board's Circulars Nos. 111/5/2009-ST dated 24.2.2009 and 141/10/2011-TRU dated 13.5.2011 (still in force) are al .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version