Tds on purchase raw materials & finished goods, services from other than india?

TDS / TCS 248 views 1 replies

Hello Experts, 

My Company running business in India. For the business purpose we are Import Goods & Services from America. The American Vendor dont have a business in India. So at the time Purchase or Payment, are we responsible deduct the TDS. If applicapble which section? TDS returns?

Could please give me a small example to understand this query.

 

Many Thanks,

Regars,

Jani Bhasha Syed.

Replies (1)
in my opinion for goods there's no requirement of TDS but for services you are required to deduct TDS


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