Service tax calculation for payment from foriegn organizatio
Querist : Anonymous
1. Whether Service Tax and SBC(14.5%) are applicable to the payment made by foreign company?
2. Now, this Indian Firm has to pay the royalty(from the payment received by foreig company) to its Indian vendors for the same service. Since the ST&SBC already paid(by the foreign company), whether vendor payments are taxable?
3.What are other deductions like TDS in vendor payments?
Kindly clarify..
2 Vendor payment is taxable but cenvat credit can be availed.
3 TDS applicable on vendor payments.
Querist : Anonymous
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- ITDS U/S.194T of Firm
- GST not cancelled by tenant
- Non-Compliance documents have not been submitted by the contractors debited
- Capital gain on sale and purchase of plot
- Filling ITR - U
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
