Export of services
This query is : Resolved
07 December 2020
Hi All,
If there is export of services to Germany from Indian Company, what percentage of with- holding tax is applicable while transferring the amount from Germany to India?
Thanks in advance.
If there is export of services to Germany from Indian Company, what percentage of with- holding tax is applicable while transferring the amount from Germany to India?
Thanks in advance.
07 December 2020
The German Income Tax Act states that a tax of 15% on royalties has to be withheld by the licensee of a software licence if the licensor is a foreign entity with limited tax liability in Germany.
Message likes :
1 times
07 December 2020
Hello Sir,
But its not a royalty. It is a payment by a recipient of service who is located in Germany to Indian company who is supplier of service.
But its not a royalty. It is a payment by a recipient of service who is located in Germany to Indian company who is supplier of service.
08 December 2020
What is the nature of services provided.
08 December 2020
Software support services fall under 15% witholding tax.
Message likes :
1 times
10 December 2020
Threshold may not be applicable.
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Booth for sales promotion
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- FEMA regulation Act. for inward remitance
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
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
