Foreign remittance

This query is : Resolved

abhijit (Querist)
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07 July 2018 Sir
I am a Individual travel agent and my client wants for tour package from me to cover all Japan. And for the same I have confirmed & arrange the same from a Japanese travel agent which is registered as a company and for that the invoice amounts to US$ 4318.20 i needs to pay. so I would like to know the Income Tax & FCRA compliance before payment of the same. And the follows
1. Weather 15 CA & CB is required ?
2. Weather TDS required to be deducted ?
3. What will be the rate of TDS that needs to be deducted (if any).
4. Is there any changes if i send $ 200 for just booking and after getting the VISA sent the balance amount ?
Bill Details
Tour Base------------ $ 3,998.00
Single Supplement--$ 900.00
Discount ---------------$ 100.00
Total -----------------$ 4,798.00

Agent Commission 10% by wire transfer ----- $ 479.80

Net Trasferable-----------------------------$ 4,318.20

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 July 2018 1 15CA & 15 CB not required.
2 TDS not required as service rendered outside India by non resident.
4 No change.

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