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Clarification on Service Tax per on the amount of foreign currency remitted to India from overseas

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Full Text of the Document

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....de associations and stake holders that concerns have been expressed in various forums regarding the leviability of Service Tax on the remittance of foreign currency in India from overseas. 2. The matter has been examined and it is clarified that there is no Service Tax per se on the amount of foreign currency remitted to India from overseas. In the negative list regime, 'service' has been defin....

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