Dear Experts
We have to received a machine part / component from Nepal for Metalic Coating Work and same will be return after coating.
Please advice, Is Service Tax is applicable on it and what is procedure for import the said component ?
Regards
Narendra
Service Tax Exemption for Temporarily Imported Machine Parts for Reengineering and Re-export Confirmed by Forum Experts A discussion on a forum revolves around whether service tax applies to a machine part temporarily imported from Nepal for metallic coating and then re-exported. An individual seeks advice on the applicability of service tax and import procedures. An expert initially confirms the tax is applicable if the service provider exceeds a certain revenue threshold. However, another participant clarifies that services related to goods temporarily imported for repair or reengineering and re-exported are exempt from service tax and excise duty, eliminating any liability in this specific scenario. (AI Summary)