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 Threads
- AIS NOT OPEN
- ICICI BHARAT 22 FOF AND NASDAQ 100 FOF CAP GAIN TA
- Schdule BFLA and CFL Error regarding adjustment of
- CIRCULAR WITH RESPECT TO WAIVER OF INCOME TAX OUTS
- How does opting for 44AD impact speculative income
- New GSTR 1
- Purchase and sale of land , showroom, building
- GTA provides services to unregistered person.GST i
- TDS on Sale of Ancestral property
- Tds on transport contractor
Related Threads
CAclubindia
