Registration under service tax
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....egistration under service tax<br> Query (Issue) Started By: - Anthony Trinidad Dated:- 13-5-2008 Last Reply Date:- 19-5-2008 Service Tax<br>Got 2 Replies<br>Service Tax<br>1. Service Tax is to be levi....
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....ed on Information Technology Software Services w.e.f. 16-5-2008. Will a service tax registration be necessary for a software house which is under STPI and exports 100% of its developed software which ....
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....is in excess of Rs 1.50 crores ? All payments are received in foreign exchange. 2. Can refund be claimed for service tax paid on inputs even though there is no service tax chargeable by the developer ....
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....at all ? Reply By Surender Gupta: The Reply: Since the software is taxable, you may avail cenvat credit and claim refund of cenvat credit on the basis of export of services / goods. For this purpose ....
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....you need to obtain service tax registration. Reply By Madhukar N Hiregange: The Reply: It is important to note that under the reverse chagre mechanism of taxation under Section 66A a resident is liab....
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....le for the services recived from a non resident ( even associate now- journal entry is sufficient) from 19.4.2006. If no such services are recived as a recpeint of services from outside India such a u....
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....nit need not be registered. However we.f. 16.5.2008, it is advisable for a IT/ ITES STPI/ Exporter to register under service tax ONLY if it is interested in refund of the service tax paid by the conce....
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....rn.<br> Discussion Forum - Knowledge Sharing ....
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