Payments of Foreign Currency(USD)
This query is : Resolved
26 March 2011
We are pvt. ltd. company. we are paying usd payment through director/employee credit card for server hire charges/misc services for company. After payment of expenses we pay the payment to employee/director credit card. This services expenses availing company bill also in name of company. What would be the liability of the company or employee regarding TDS/Import Services Tax/15CB/15CA. However 15CB/15CA processed before payment. But through credit card there is no need to 15CB/15CA because foreign company deduct automatic payment from the credit card. Please explain in detail.
Regards,
Lalit Kumar Sharma
9811768950
Regards,
Lalit Kumar Sharma
9811768950
26 March 2011
http://www.ptcinfo.org/eurogiro/MasterCircularRbiRemits09.pdf
26 March 2011
also :-
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/78385.pdf
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/78385.pdf
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