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
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