Invoice by indian company on another indian company in fc
This query is : Resolved
10 February 2017
Dear Sir
I would like to know whether can Indian Company "A" raise invoice in foreign Currency on Indian Company "B" for Service Job. and again Indian Company "A" has given this job to Foreign Company "C". Whether Indian Company "A" is liable to deduct Tax on any payment make to Foreign Company "C" for this job.
I would like to know whether can Indian Company "A" raise invoice in foreign Currency on Indian Company "B" for Service Job. and again Indian Company "A" has given this job to Foreign Company "C". Whether Indian Company "A" is liable to deduct Tax on any payment make to Foreign Company "C" for this job.
10 February 2017
As the job is given to foreign company C, Company A can raise invoice in foreign currency on company B. TDS applicable u/s 195 when payment is made to company C.
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10 February 2017
thank you very much sir
then how i have to charge service tax ? this service tax also required to charge in foreign currency.
Whether Company B is going to deduct TDS on Company A on payment made?
then how i have to charge service tax ? this service tax also required to charge in foreign currency.
Whether Company B is going to deduct TDS on Company A on payment made?
10 February 2017
Charge service tax in Indian currency.
Yes B will deduct TDS u/s 194C.
Yes B will deduct TDS u/s 194C.
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