Dear Professional Colleagues ,
I want to know if Private limited company developes software in India for its foreign associated company . These softwares are as per requirement of clients of foreign parent company.
In such case such softwares provided by Indian company would amount to export of software services as foreign parent company is out of India.
or service would be taxable in India as service of software development is preformed within India ( Rule 4 place of provision )- so no export - service tax payable in India
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