With holding tax on Foreign Payments

This query is : Resolved

Venkatraman (Querist)
Follow

07 December 2021 Good day, Please can you clarify/confirm if WHT is applicable on payment to a Singapore Company with no presence in India and providing SaaS services. Indian Customers login to the platform of the Singapore Company and are able to download the data/content etc., and for this the Indian Customer get a monthly subscription billing.

When making payment to the Singapore Company what is the rate of WHT deduction + any Cess/Surcharge %. Also would there be a deduction for Equalisation levy, please confirm.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

07 December 2021 WHT not applicable deduct 2% equilisation levy.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

tsrandcompany@gmail.com

John Ravindran Moses

CA Uzma Khan

Adv Ashish Vishwakarma

yadagiri

Subscribe Now

With holding tax on Foreign Payments

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Senior Executive

GST CONSULTANCY

Manager- Finance and Compliance

CA Final

GST CONSULTANT