Indian compay having a subsidiary in us

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

11 January 2019 if an indian company wants to open subsidiary in US with paid up capital 100 thousands $

and for the above purpose it hires a US consultant a in US with charges of 200 $

what sort of tax implication/ compliance or what are the procedure to pay his (US consultant) charges

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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11 January 2019 No tax or TDS applicable on this payment. Contact your bankers with invoice and letter of awarding the work the bank will guide you for remittance.

Querist : Anonymous

Querist : Anonymous (Querist)

11 January 2019 Sir ,
can you please provide me a source/ link where I can go through the provision for the same.

Querist : Anonymous

Querist : Anonymous (Querist)

12 January 2019 Sir , can you please provide me a source/ link where I can go through the provision for the same.

SHUBHAM SHARMA

SHUBHAM SHARMA (Expert)
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16 January 2019 Whether the services are with respect to project viability? This is with reference to GST implications?
Thanks And regards
CA Shubham Sharma
Contact-9462302922
Email-shubham.vnv@gmail.com

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2019 Thanks,
I am very well versed with the GST implication
but I want to know what sort of tax implication/ compliance in respect of income tax / TDS or through what procedure/ mechanism consultant (US consultant) charges cab be paid.