Remittance in foreign currency within india.
Querist : Anonymous
Can someone please tell me what is the procedure for remitting foreign currency to a vendor for testing our software and issuing certificate within India.Also please confirm if I have to deduct TDS u/s 194J @ 10%.
Should I ask the vendor to accept the payment in INR equivalent and raise an invoice on us for INR value.
Thanks in advance.
Querist : Anonymous
Can someone please tell me the same at the earliest.
Thanks in advance.
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