banner_ad

TDS rate for Foreign Royalty

TDS / TCS 3502 views 5 replies

Hi!

I want to know TDS rate on royalty paid to foreigners being Company or Non company.

Thanks in advance!

 

Replies (5)
Sheetal !!!! The TDS rate on royalty for NRI Company is 10.5575 and for NRI individual/HUF/AOP/BOI/Firm/Company with aggregate payment less than Rs.1crore = 10.3% and with aggregate payment exceeding Rs.1 crore = 11.33% Rgds/ Vineet
TDS Rate for NRI For Comapny - Gross Payments less than Rs. 1 Cr. - 10.30 % Gross Payments More than Rs. 1 Cr - 10.5575 For Others than Company Gross Payments less than Rs. 1 Cr. - 10.30 % Gross Payments More than Rs. 1 Cr - 11.33 % Is it correct
RATE OF itAX IS 10% LUS SURCHAGE 2 2.5% PLUS ED. CESS ONLY IF AGREEMENT IS ENETRED ON OR AFTER 01.06.2005. IF EARLIER IT WILL BE @ 20% UP TO 01.06.1997. PL CHECK dtaa WITH FOREIN COUNTRY. ALSO
10.557%

Dear CA Vineetji/Vijayji

I am refereing to Royalty payments for usage of copyright and with ref to USA.

As refering to referencer issued by BCA and on some sites where TDS rates are available its specified as below:

TDS is 10% for equipment rental and for services anicialry thereto

 a. for other cases 1-5 yrs of agreement 15% if govt or specified organisation is payer.20% in other cased.

b. subsequent yrs 15% for all cases.

Please advice.

CA Hemank

02224374251


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details