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Service Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Export of services - Since the Indian rupee is received from the ...


Service Tax: Indian Rupees Received via Silicon Valley Bank Count as Convertible Foreign Exchange for Service Tax Purposes.

September 18, 2017

Case Laws     Service Tax     AT

Export of services - Since the Indian rupee is received from the recipient of services through their foreign bank, Silicon Valley Bank of USA, the receipt of Indian rupee shall be treated as convertible foreign exchange.

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