Import of Services from Foreign WoS by India Parent Company

can anybody provide me list of compliances and formalities involved in import of services by Indian Parent Company from its foreign WoS under FEMA, Companies Act, Taxation.

Replies (1)
Originally posted by : Rashmi

can anybody provide me list of compliances and formalities involved in import of services by Indian Parent Company from its foreign WoS under FEMA, Companies Act, Taxation.

FEMA

No restrictions.

Service Tax

Reverse service tax liabillity shall be there

Taxation

TP & sec. 195 provisons shall apply.

 

 

Anuj

0-9810106211

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