15cb&15ca

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N RAJESHWAR RAO (Querist)
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21 June 2014 Sir,

I have to make a payment of 3lacs to a foreign supplier for software, who has PAN number in India. If the bill value is 3 lacs what TDS% I have to deduct and under what section.

Rupesh Jain

Rupesh Jain (Expert)
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21 June 2014 Do NOT REUQIRED DUE TO YOU ARE BUY THE MATERIAL.

N RAJESHWAR RAO

N RAJESHWAR RAO (Querist)
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21 June 2014 No. Since whenever we import software which is usually downloaded from the vendor's website, we have to make the payment deducting TDS. Earlier too, bankers have insisted on 15CB before making the payment. Furthermore, since we do not pay any customs duty on this downloaded software, Govt' s revenue will be in question. Therefore we have to deduct TDS. My question now is since the vendor has local PAN number, what would be TDS% on the total bill value. & under what section.

Kindly advice if contrary to my view.

N RAJESHWAR RAO

N RAJESHWAR RAO (Querist)
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27 June 2014 Can anyone guide me on my query please???

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