I am supporting for a New Zealand client and I receive the payment from nzforex.co.nz to my indian bank account. Should I have to pay IT or is there an exception?
Thanks On Thu, Mar 6, 2014 at 1:32 PM, Ganesh Ranganathan < [email protected]> wrote: > Thanks for this informative discussion > > On Thu, Mar 6, 2014 at 11:21 AM, Madan U Sreenivasan <[email protected] > >wrote: > > > > > No second opinion - I think this is absolutely right. The thumb rule is > > "Tax services and not exports". I do this too - my indian customers have > to > > pay an ST, while my foreign customers dont have to. I still bill in INR, > > but the origin account is a non-INR. > > > > So an individual doesn't have to pay Service tax on software exports even > if he doesn't have an IEC code? > _______________________________________________ > ILUGC Mailing List: > http://www.ae.iitm.ac.in/mailman/listinfo/ilugc > ILUGC Mailing List Guidelines: > http://ilugc.in/mailinglist-guidelines > _______________________________________________ ILUGC Mailing List: http://www.ae.iitm.ac.in/mailman/listinfo/ilugc ILUGC Mailing List Guidelines: http://ilugc.in/mailinglist-guidelines
