On Thu, Mar 6, 2014 at 7:41 AM, Venkatraman S <[email protected]> wrote:
> On Wed, Mar 5, 2014 at 10:37 PM, Manokaran K <[email protected]> wrote: > > > If your billing is in INR and if it exceeds 10 lakhs per annum, then you > > have to register for and pay service tax. Not necessary if its in forex. > > > > > Not sure what you mean by the last line. So if you received in forex, then > no need of ST? > Apparently, yes. If you are a registered company and want to have the service tax on forex earnings waived, you have to get some exporter code or something. But if you are an individual then nothing needs to be done. At least thats what my auditor tells me! Would like to hear a second opinion on this :-) Thanks, mano _______________________________________________ ILUGC Mailing List: http://www.ae.iitm.ac.in/mailman/listinfo/ilugc ILUGC Mailing List Guidelines: http://ilugc.in/mailinglist-guidelines
