Tax exemption can't be denied for Service fee designation in Rs.

CA URVASHI PORWAL Brief of the Case It is held that although contract, undoubtedly, designates the consideration in Indian rupees so that the service provider is not put to loss on account of currency fluctuations and merely because Service provider designates the consideration in Indian rupees, his Service Tax Exemption on Exports cannot be denied, considering the fact that  he did produced a certificate from their bankers, indicating that inward remittance from the overseas entity was in convertible foreign currency. So the argument of revenue that condition of inward remittance in Export...