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Exports (Service Tax)

All services that are  exported, are exempt from service tax. This is to make the export of services competitive in the international market.

For example , on 27-4-2015, D-Day Events rendered event management services worth ₹ 2,00,000 to Cosmic Rays Inc. located in Thailand.

1. Go to Gateway of Tally > Accounting Voucher > F8: Sales > Accounting Invoice .

2. Select Cosmic Rays Inc. in the field Party's A/c Name .

3. Select the sales ledger under Particulars .

4. Enter 2,00,000 in the field Amount .

5. Press Enter to save.

6. Enter Narration , if required. The sales invoice appears as shown below:

7. Press Enter to accept.