Add to Favourites

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. Gateway of Tally > Vouchers > press F8 (Sales).

   Alternatively, press Alt+G (Go To) > Create Voucher > press F8 (Sales).

2. Press Ctrl+H (Change Mode) to select the required voucher mode (Accounting Invoice, in this case)

3. Select Cosmic Rays Inc. in the field Party’s A/c Name.
4. Select the sales ledger under Particulars.
5. Enter 2,00,000 in the field Amount.
6. Press Enter to save.
7. Enter Narration, if required. The sales invoice appears as shown below:
   
   
   
   
8. Press Enter to accept.