Foreign remittance

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Jakir Vashisht

Sr Officer (F & A)

52 Points Posted on 10 August 2019

Dear Sir, We have paid Rs. 7 Lac in USD (10995) for Advertisement in a business magazine in Australia.

Please advise on :

1) Is there GST Liability under RCM

2) If yes, what is the GST Rate and HSN/SAC Code

3) Is there TDS Liability

4) If yes, what is tds rate and Section

Please advise,

Thanks

JS Vashisht(Asstt Manager, ACC India Pt Lt)

Replies (5)

VIKAS SAINI

875 Points Posted on 10 August 2019

1.rcm applicable 2. 18 % gst rate 3. Tds liabites not arries if 15ca and cb form file

Hope above reply will help full for you

subhagan sreerangam

5046 Points Posted on 10 August 2019

good clarification and information

Shivam RC

Student

7666 Points Posted on 11 August 2019

Respected Subhagan Sreerangam Sir,

It has been noticed for a couple of weeks that you are constantly posting the comment "GOOD CLARIFICATION AND INFORMATION " , for increasing your points. Kindly answer the question asked by the querist without just writing "good clarification and information"..

Please abide the rules and regulations of this group. All the members, employees, executives of caclubindia are trying their level best to make this app as the Best Professional Application.

I have no intention to hurt you Sir..

Thank You.

Warm Regards.