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TDS

TDS / TCS 1053 views 2 replies

Our company (Indian ) is entered into an agreement with Indonesian firm to provide a service for Survey at Indonesia, the said firm raised a bill to us twds FEES & OUT of POCKET EXPENSES,is it subject to TDS? what will be the rate.?

Also pls guide me regarding applicability of Service TAx on such bill Pls?

Replies (2)
About TDS, i need to confirm before giving a reply. But as regards Service Tax, it is applicable. Service tax should be calculated on the gross amount of bill @ applicable rates and it is the duty of the recipient to remit it to the Govt Rule 2(1)(d)(iv).
No service tax but TDS @ 20%+ed.s


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