No Service Tax on services rendered abroad before 18.4.2006
It has finally come! There is no Service Tax on services rendered abroad. In a landmark judgement, the Ahmedabad Bench of the Tribunal has held that services received by Indians abroad are not taxable prior to 18.4.2006 when Section 66A was inserted into the Finance Act, 1994.
But please wait till tomorrow for this very important judgement. And we are breaking our own record – we will bring you a CESTAT judgement just seven days after it was delivered! – See our columns tomorrow.