Financials for India - EBS (MOSC)

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R12 India Localization Service Tax

edited Nov 12, 2014 10:08AM in Financials for India - EBS (MOSC) 2 commentsAnswered

Hi,

In terms of service tax notification No. 12 / 2013 issued by Service Tax authorities, the service provider can provide the specified services to the SEZ Unit or the Developer without payment of service tax after meeting some conditions. This means an IT company who is located in SEZ unit can avail specified services without service tax being charged on the same.

I would like to know if there any  standard way in which it is handled in R12 so that service tax need not get charged on purchase orders raised on such vendors from whom the SEZ Company is availing the services.

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