TDS on Foreign outward remittance (DTAA is not exist)

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M Sairam (Querist)
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25 February 2021 Dear Experts,
We need to make a payment for Product listing charges to a Foreign service provider who is in Cambodia.
At present, INDIA doesn't have a DTAA agreement with Cambodia. So For TDS deduction Purposes, Shall I consider a Rate Of 20% on the basis of PAN is not available Instead of IT rate or DTAA rate, Whichever Less, Due to DTAA does not exist? If the case, TDS deducted then such service provider does not get the tax credit Then is it Withholding Tax?

Is Tax Residency Certificate (TRC) helps to such service providers to avoid the TDS or withholding deductions & get the full money to the bank account.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 February 2021 No need for any TDS in such a case.

M Sairam

M Sairam (Querist)
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25 February 2021 I thinking it attracts TDS or withholding Tax. Can you elaborate?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 February 2021 No witholding tax as it's not a fees for technical services

M Sairam

M Sairam (Querist)
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26 February 2021 Okay Sir, Thanks for your valuable reply.

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