We have taken service i.e. Feasibility study from foreign service provider & made payment in USD. According to us the payment made for feasibility study is cover under “consulting Engineering Service”. Kindly confirm the same for payment of Service Tax on reversed charge method.
Regards,
VINAY
Service Tax on Foreign Feasibility Study Confirmed Under Section 66A Using Reverse Charge Method A query was raised regarding the payment of service tax on a feasibility study service acquired from a foreign provider, paid in USD. The inquirer sought confirmation on whether this service falls under 'consulting engineering service' and if the service tax should be paid using the reverse charge method. The response confirmed that the service tax should indeed be paid under section 66A, utilizing the reverse charge mechanism. (AI Summary)
TaxTMI 
TaxTMI 
