payment made to foreign agents and tds impact u/s 195

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 September 2010 KIND ATTN. SIR
==============
KINDLY CLARIFY WHETHER AN EXPORTER OF GARMENTS REQUIRES TO DEDUCT TDS FOR THE PAYMENT MADE AS COMMISSION TO FOREIGN AGENTS FOR GETTING FOREIGN EXPORT ORDERS ' SINCE IT IS A PAYMENT MADE TO NON-RESIDENT , KINDLY CLARIFY.

WITH REGARDS
CA.P.SHANGAR

CA Prashant Gupta

CA Prashant Gupta (Expert)
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20 September 2010 no, there is no need to deduct TDS on this, as this is for services outside India but the payment should be made outside India.
But one thing service tax is applicable on this. So you have to calculate service tax on it and deposit to service tax deptt. It is your liability.

Querist : Anonymous

Querist : Anonymous (Querist)

21 September 2010 KIND ATTN. SIR
==============

THANK YOU FOR YOUR TIMELY REPLY AND WITH REGARD TO PAYMENTS,THEY ARE MADE IN FOREIGN TT FROM INDIA.

WITH REGARDS
CA. P.SHANGAR

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