WE ARE MANUFACTURER & EXPORTED. WE GOT AN ORDER THROUGH A FOREIGN AGENT BASE IN EUROPE ON COOMSSION.
BUYER IS IN EUROPE & COMMISSION AGENT IS IN EUROPE.
NOW QUESTION ARISE THAT-
IS IT SUBJECT TO TDS ?
IF YES HOW MUCH?
HOW MUCH TDS IS TO BE DEDUCT ON PAYMENT OF COMMISSION. AND HOW TO DEPOSIT BECASUE THEIR PAN IS EUROPE BASED. WHAT ARE THE REQUIREMENT TO DEPOSIT TDS .
how shall we issue tds certificate to foreign agent.
SUBHASH SAXENA