our one company is in India, and sister company is in abroad
we pay commission to our abroad sister concern for achieving sale target.
can on this comission we are liable to pay gst on rcm basis and what about tds.
If the contract between the companies is principal to principal basis then the services may be considered as import and rcm will be payable.
| Originally posted by : sabyasachi mukherjee | ||
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Abroad sister means |  |
Yaarukitta pa ketkarey...
Asking to....???
| Originally posted by : Rajkumar Gutti | ||
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In India name is ABC Pvt.Ltd & in name is ABC LLC , we are paying 10% commission on their total expenses . For this purpose we executed agreement. can this service consider as import servicewhat is mean by principal to principalwhat about Tds | |
Yes, I think you will have to deduct TDS also .
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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