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Service Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Even though appellant received payment in Indian rupees but same ...


Refund Validity Upheld: Payment in Indian Rupees Qualifies as Convertible Foreign Exchange u/r 3(ii), Export of Service Rules 2005.

October 30, 2015

Case Laws     Service Tax     AT

Even though appellant received payment in Indian rupees but same is deemed to be convertible foreign exchange and condition provided under Rule 3(ii) of Export of Service Rules, 2005 stand complied with and refund should not be rejected only on ground that foreign remittance received in Indian Rupees - AT

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