Tds on payment to foreign

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sourabh (Querist)
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17 April 2012 A Firm is purchasing machinery/spare parts from Italy and making payment. Whether Tds provision is applicable on this transaction?

A firm has got its machinery repaired from a a person belongs to foreign co. incorporated outside india and makes a payment under the head machinery repair. Whether Tds provisions applicable on it?

Durgesh Laddha

Durgesh Laddha (Expert)
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17 April 2012 In purchase of Machinery you should pay without TDS, but payment for repairing of machinery you should deduct tds and then pay

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sourabh

sourabh (Querist)
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18 April 2012 Mr. Durgesh Laddha Sir,

I want to know that what rate of tds will be applicable if i got repaired my machinery and make payment to foreign country?