The Indian Finance Ministry has clarified the confusion surrounding the exemption from service tax of goods exported abroad and decreed that non-physical services will remain exempted from the tax, according to an India Express report.
Firms are exempted from paying service tax if they can prove that the goods they have produced for export will be consumed abroad. However, a certain amount of ambiguity in the rules left those who export services overseas scratching their heads as they are unable to prove that they have physically exported their services, and the government's clarification should allay the fears of many businessman that their services will be uncompetitive in the global market place.
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