Draft of agreement
This query is : Resolved
28 March 2010
Dear sir,
I am working with an indian pvt. ltd(trader exporter,incorp.in oct-09) company which is registered under aux.business services under service tax. This co.act as a mediator between foreign buyer and indian suppliers on the instructions of another foreign co.(Z).Prior to its incorporation, this foreign co.(Z) has an MOU with its promoters (individual resident indian) that they will reimburse the actual exp. whatever incurred in carrying out its operations.
But after the incorporation, the same reimbu.is comming in the name of the company without any agreement between the Z and the indian co.
Can any one provide me the draft of agreement on the nature of business specified above?
what will be the service tax liabilty in both the cases ( reimb.without agreement and/ with agreement)
regards
naren
I am working with an indian pvt. ltd(trader exporter,incorp.in oct-09) company which is registered under aux.business services under service tax. This co.act as a mediator between foreign buyer and indian suppliers on the instructions of another foreign co.(Z).Prior to its incorporation, this foreign co.(Z) has an MOU with its promoters (individual resident indian) that they will reimburse the actual exp. whatever incurred in carrying out its operations.
But after the incorporation, the same reimbu.is comming in the name of the company without any agreement between the Z and the indian co.
Can any one provide me the draft of agreement on the nature of business specified above?
what will be the service tax liabilty in both the cases ( reimb.without agreement and/ with agreement)
regards
naren
28 March 2010
The agreement would be a customised agreement and hence difficult to find a template. I request if you can yourself draft one and put in on the club or send it to me for verification.
rasheshshah@alembic.co.in
rasheshshah@alembic.co.in
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
