Export of Services: Confusing Exported

Export of Services: Confusing exported

Prepared By:

CA Pradeep Jain

Ghanshyam Chaudhary

Indian budget has also brought many changes related to export of services. As per Export of Service Rules, there are three criterions for declaring a service as export. These criterions are as under:-

(A) Immovable property related services[rule 3(1)(i)]

(B) Performance related services[rule 3(1)(ii)]

(C) Residual Category of Services[rule 3(1)(iii)]

The categories of services are listed in particular criteria’s. The exporter has to fulfil requirement of that criteria under which his services are listed.

Now in this budget there are some services whose criteria has been changed......read more