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Service Tax - Highlights / Catch Notes

Home Highlights September 2021 Year 2021 This

Levy of Service Tax - foreign remittances - market research and ...

September 20, 2021

Case Laws     Service Tax     AT

Levy of Service Tax - foreign remittances - market research and exploration executed outside India - Though market research and exploration have not been specifically stated in the contract, but still the scope of the work clearly suggests that the contract is basically for the work of market research and exploration which would be taxable under section 65(105)(y) of the Finance Act but in view of the provisions of rule 3(ii) of the Import Rules, no service tax would be payable. - AT

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