Indian company is providing technical services in India on behalf of foreign company for their customers who procures their product in india directly from overseas supplier.
The service provider ( indian company) is receiving tech services charges in USD from overseas company , whether service tax is attracts or not.
regards,
bhojanapalli
Service Tax Applies to Indian Company Providing Services Locally for Foreign Entity, Regardless of USD Payment. An Indian company is providing technical services in India on behalf of a foreign company to customers who purchase products from an overseas supplier. The Indian company receives payment in USD from the foreign company. The query is whether service tax applies to these transactions. The response clarifies that since the place of provision of services is in India, which is a taxable territory, service tax is applicable regardless of the currency in which the payment is received. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
