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

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..... ers 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 defined in clause (44) of section 6 .....

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..... the place of provision of such service shall be the location of the recipient of the service, i.e., outside India, in terms of rule 3 of the Place of Provision of Services Rules, 2012. All the trade associations are requested to give wide publicity to the contents of this Trade Notice amongst their member constitutes. - Circular - Trade Notice - Public Notice - Instructions - Office .....

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