Regarding determination of taxable territory
This query is : Resolved
11 July 2016
AN INDIAN COMPANY HAS EXPORTED CERTAIN QUANTITY OF GOODS TO BE SOLD ON CONSIGNMENT BASIS. THE UNSOLD GOODS LYING IN THE CONSIGNORS WAREHOUSE OUTSIDE INDIA IS BEING AUDITED BY AN U.K. FIRM.WHETHER RULE 4 OF POPOS RULES 2012 WILL BE APPLICABLE ON SUCH AUDIT SERVICE SINCE IT IS PERFORMANCE BASED SERVICE AND ACTUAL PERFORMANCE IS TAKING PLACE OUTSIDE INDIA AND HENCE WILL BE NON TAXABLE OR WHETHER RULE 3 WILL BE APPLICABLE I.E.LOCATION OF SERVICE RECEIVER.
12 July 2016
Rule 3 shall be applicable not 4. Place of provision is location of recipient
12 July 2016
Thank you Sir for your reply..but wont specific rule prevail over general rule.. i would be glad if you wud explain why rule 3 and why not rule 4....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
