Fob value for export of services
This query is : Resolved
03 October 2013
Hi,
Plz clear my doubt:
My company is providing services to out of india. We recd 45$ per transaction but such payt is recd via intermidiary(Co) who deduct his commisiion @2$ per transaction.
Now my doubt is FOB for Tax audit report is on the basis of 45$ or 43$..??
Plz clear it.
Thanks.
Plz clear my doubt:
My company is providing services to out of india. We recd 45$ per transaction but such payt is recd via intermidiary(Co) who deduct his commisiion @2$ per transaction.
Now my doubt is FOB for Tax audit report is on the basis of 45$ or 43$..??
Plz clear it.
Thanks.
05 October 2013
it seems that you are service provider .
you received the amount 45 usd excluding the commission.
in view of above you are admissible take incentive on 43 USD
Regards,
you received the amount 45 usd excluding the commission.
in view of above you are admissible take incentive on 43 USD
Regards,
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