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Service Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

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


Indian Rupees Received via Bank of America Qualifies as Convertible Foreign Exchange for Service Tax Purposes.

October 10, 2017

Case Laws     Service Tax     AT

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

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