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TDS on Foreign Remittance

This query is : Resolved 
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(Querist)
21 November 2008 Dear All,

I am working in a LTD Co. We had received foreing services from a U.S.A Co. and we want to remitt them in USD. Can anyone tell me what is the rate of TDS to be deducted for Foreign Remittance.

Regds

Jayaraman
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mohan rao

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mohan rao (Expert)
21 November 2008 Pls. Sec.195 and Any DTAA with USA WHICH EVER IS LOWER IS APPLICABLE

i HOPE THE Rate is 10%
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jayaraman subramanian

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jayaraman subramanian (Querist)
21 November 2008 Is additional Surcharge applicable for foreign remittance
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mohan rao

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mohan rao (Expert)
21 November 2008 obviously and better to deduct 10.5575%if the agreement is made after 04.06.2005 and pls. see on the invoice value weather mentioned Indian Taxes Extra

If that is the case The company will bare the TDS
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Ravikumar.G

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Ravikumar.G (Expert)
21 November 2008 SC is 2.5%
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