Import Export Code for Web Application Service Exporter
This query is : Resolved
10 November 2021
Hi,
1. Does a company who wants to design websites for clients outside India and receive payments in Dollars via wire transfer requires to register for IEC number (Import Export Code.?)
2. When we purchase services like Web Hosting Servers from vendors outside India, we pay GST via RCM method and claim input credit. But there is no way to deduct TDS for foreign vendors as they don't have any tax registration in India. So how do we handle this?
1. Does a company who wants to design websites for clients outside India and receive payments in Dollars via wire transfer requires to register for IEC number (Import Export Code.?)
2. When we purchase services like Web Hosting Servers from vendors outside India, we pay GST via RCM method and claim input credit. But there is no way to deduct TDS for foreign vendors as they don't have any tax registration in India. So how do we handle this?
10 November 2021
1 For services exports, IEC shall be not be necessary except when the service provider is taking benefits under the Foreign Trade Policy.
2 TDS not applicable on purchase of servers and software from outside India/
2 TDS not applicable on purchase of servers and software from outside India/
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
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- FTS Taxable under 115A
- Experts need help
- EPF FULL & FINAL RULES IN 2026
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Condonation . E-Verification of last year return .
- Rental income gst and it purpose
- Management System (IMS)
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
