Invoice by indian company on another indian company in fc

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sameer (Querist)
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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.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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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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sameer

sameer (Querist)
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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?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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10 February 2017 Charge service tax in Indian currency.
Yes B will deduct TDS u/s 194C.

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