Our company is a foreign company ,we registered a branch in India and fulfilled projects for india company including supply and service. when they make payment to us , they will deduct TDS on the payment, what is the rate of TDS? 2.06%? TDS will be deducted on payment for both supply and service or just service? please tell me everything about this issue. thank you!!
Menu
TDS on payment to foreign company
Replies (2)
1) Payment to Foreign company for supply of materials do not attract TDS.
2) Export of service do not attract Service Tax. For knowing the rate of TDS attracted please refer the DTAA(Double taxation avoidance agreement) entered into between India and country where Foreign company is located.
thank you very much.
Recent Topics :
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
Related Topics :
CAclubindia
